$ALGO 𝗷𝘂𝘀𝘁 𝗲𝗿𝗮𝘀𝗲𝗱 𝗮𝗯𝗼𝘂𝘁 𝟭𝟰% 𝗶𝗻 𝟮𝟰 𝗵𝗼𝘂𝗿𝘀.

Algorand sits near $0.117 on Binance Futures after tagging roughly $0.136. Open interest dropped from about $18M to $13M as volume held near $69M.

Yesterday's quantum-resistance bid is mostly gone. Funding is still lightly short-tilted at about −0.01% per 8h.

Is the washout done, or is more coming out?

NFA.
#Algorand #Futures