$INIT is up 99% on 1.08B volume and OI went from nothing to 20M, +220% in a day. funding is at -0.82%, so shorts are paying longs a ton just to stay in the trade.
retail is slightly short at 0.69 and top traders are about flat at 0.92. thin OI against that much volume smells like a squeeze waiting for one more leg, or a very expensive place to be short.
who's still fading this at -0.8% funding?
#Binance #INIT
retail is slightly short at 0.69 and top traders are about flat at 0.92. thin OI against that much volume smells like a squeeze waiting for one more leg, or a very expensive place to be short.
who's still fading this at -0.8% funding?
#Binance #INIT