🚨 Futures Alert: positioning got weird this hour
Most of the board is quiet, but these few perps are moving in a way worth a second look:
INIT: funding at -0.934%.
Price +69.5% on the day, top traders' long/short at 0.91.
ONE: open interest +12.3% in 1h to 10.1M, funding at -0.052%.
Price +2.7% on the day, top traders' long/short at 1.29.
JCT: open interest -9.5% in 1h to 50.5M.
Price -29.3% on the day, top traders' long/short at 1.58.
Not a call either way, just the numbers. But this is the kind of setup that liquidates people in both directions.
#Futures #CryptoTrading $INIT $ONE $JCT
Most of the board is quiet, but these few perps are moving in a way worth a second look:
INIT: funding at -0.934%.
Price +69.5% on the day, top traders' long/short at 0.91.
ONE: open interest +12.3% in 1h to 10.1M, funding at -0.052%.
Price +2.7% on the day, top traders' long/short at 1.29.
JCT: open interest -9.5% in 1h to 50.5M.
Price -29.3% on the day, top traders' long/short at 1.58.
Not a call either way, just the numbers. But this is the kind of setup that liquidates people in both directions.
#Futures #CryptoTrading $INIT $ONE $JCT