🚨 Futures Alert: not sure what to make of these
Scrolled the perps board again and a few of these numbers look off. Worth a closer look:
INIT: open interest -29.4% in 1h to 34.4M, funding at -2.000%, 1.1M liquidated in 1h (mostly longs).
Price +12.9% on the day, top traders' long/short at 0.97.
CYBER: funding at -0.149%.
Price +7.8% on the day, top traders' long/short at 1.43.
ARIA: funding at +0.092%.
Price +26.7% on the day, top traders' long/short at 1.51.
Honestly, when OI piles up this fast I'd rather sit on my hands than max out leverage.
#Futures #CryptoTrading $INIT $CYBER $ARIA
Scrolled the perps board again and a few of these numbers look off. Worth a closer look:
INIT: open interest -29.4% in 1h to 34.4M, funding at -2.000%, 1.1M liquidated in 1h (mostly longs).
Price +12.9% on the day, top traders' long/short at 0.97.
CYBER: funding at -0.149%.
Price +7.8% on the day, top traders' long/short at 1.43.
ARIA: funding at +0.092%.
Price +26.7% on the day, top traders' long/short at 1.51.
Honestly, when OI piles up this fast I'd rather sit on my hands than max out leverage.
#Futures #CryptoTrading $INIT $CYBER $ARIA