🚨 Futures Alert: positioning got weird this hour
Not much I trust in this market, but the positioning data doesn't lie. Here's what jumped out:
INIT: funding at -0.681%, 378K liquidated in 1h (mostly longs).
Price -9.6% on the day, top traders' long/short at 1.31.
ZEC: 2.8M liquidated in 1h (mostly longs).
Price -13.8% on the day, top traders' long/short at 1.50.
ONE: funding at -0.294%.
Price -0.8% on the day, top traders' long/short at 1.15.
Not touching the leverage button on these for now. Boring, but I like boring.
#Futures #CryptoTrading $INIT $ZEC $ONE
Not much I trust in this market, but the positioning data doesn't lie. Here's what jumped out:
INIT: funding at -0.681%, 378K liquidated in 1h (mostly longs).
Price -9.6% on the day, top traders' long/short at 1.31.
ZEC: 2.8M liquidated in 1h (mostly longs).
Price -13.8% on the day, top traders' long/short at 1.50.
ONE: funding at -0.294%.
Price -0.8% on the day, top traders' long/short at 1.15.
Not touching the leverage button on these for now. Boring, but I like boring.
#Futures #CryptoTrading $INIT $ZEC $ONE