$INIT is up 44% on the day and funding is sitting at -0.91%. shorts are paying longs almost a full percent just to stay in. open interest jumped 94% in 24h on 288M volume, and retail is 0.77 long/short so most small accounts are on the short side.

that's the kind of setup where one more squeeze candle gets ugly fast. or the pump is exhausted and the paid longs are the ones left holding it.

would you fade this or just stay away?

#Binance #Futures