btc up 4.1% to 80,996, eth right behind it at 2,509, and the positioning underneath barely twitched. only $239K moved into or out of the 12 coins we're watching for stress, against $457.8M in open interest on them. that's basically nobody adjusting into a 4% day.
funding is split dead even, 6 coins negative, 6 positive. crowd is 54/46 long/short, which is not a real skew either way. we've got longs overheated on 4 names, shorts still in control on 4 others, so the setups are as mixed as the funding.
what's more interesting: $UNI, $AAVE and $TRUMP had size going ONTO exchanges over the last 24h while price was green, that's supply lining up to be sold into strength. meanwhile SKY, PENGU and LINK saw coins leave exchanges, possible accumulation on the quiet.
watching whether that exchange supply gets absorbed or starts leaning on this move. NFA
funding is split dead even, 6 coins negative, 6 positive. crowd is 54/46 long/short, which is not a real skew either way. we've got longs overheated on 4 names, shorts still in control on 4 others, so the setups are as mixed as the funding.
what's more interesting: $UNI, $AAVE and $TRUMP had size going ONTO exchanges over the last 24h while price was green, that's supply lining up to be sold into strength. meanwhile SKY, PENGU and LINK saw coins leave exchanges, possible accumulation on the quiet.
watching whether that exchange supply gets absorbed or starts leaning on this move. NFA
