🚨 Futures Alert
Quick check on the futures board, and a couple of these made me look twice:
INIT: funding at -1.007%.
Price +71.5% on the day, top traders' long/short at 0.94.
ONE: funding at -0.556%.
Price +7.5% on the day, top traders' long/short at 1.26.
ON: open interest -24.9% in 1h to 9.2M.
Price -45.8% on the day, top traders' long/short at 1.61.
Honestly, when OI piles up this fast I'd rather sit on my hands than max out leverage.
#Futures #CryptoTrading $INIT $ONE $ON
Quick check on the futures board, and a couple of these made me look twice:
INIT: funding at -1.007%.
Price +71.5% on the day, top traders' long/short at 0.94.
ONE: funding at -0.556%.
Price +7.5% on the day, top traders' long/short at 1.26.
ON: open interest -24.9% in 1h to 9.2M.
Price -45.8% on the day, top traders' long/short at 1.61.
Honestly, when OI piles up this fast I'd rather sit on my hands than max out leverage.
#Futures #CryptoTrading $INIT $ONE $ON