The state of XAU on the perpetual market:
💰 Price: $4,646 (▲0.12% over 24h)
📊 24h volume: $2.33B
💸 Funding: 0.0000% (no meaningful carry, every 4h)
🔓 Open interest: $436.1M (▲25.24% over 24h)
👥 Long/short accounts: 0.73
Price sits in the lower half of its daily range. Funding is close to neutral, with no clear crowding on either side. Contract count is rising alongside price - new positions opening, not just existing ones worth more.
$2.33B traded in 24 hours. Does that back the ▲0.12% move?
#XAU #Crypto #Futures #
💰 Price: $4,646 (▲0.12% over 24h)
📊 24h volume: $2.33B
💸 Funding: 0.0000% (no meaningful carry, every 4h)
🔓 Open interest: $436.1M (▲25.24% over 24h)
👥 Long/short accounts: 0.73
Price sits in the lower half of its daily range. Funding is close to neutral, with no clear crowding on either side. Contract count is rising alongside price - new positions opening, not just existing ones worth more.
$2.33B traded in 24 hours. Does that back the ▲0.12% move?
#XAU #Crypto #Futures #
