$ONE ripped 20% today and funding is at -0.52%, so shorts are paying longs half a percent just to hold. that's a lot for a coin doing 151M in volume.
OI is only up 27% though, which is small next to the move. feels like a lot of this was spot buying and shorts getting dragged along, not a fresh wave of leverage.
$PIEVERSE has the opposite look, retail at 0.51 long/short with OI +49% while price is up 16%. crowd is short into a green candle again.
which of the two squeezes harder from here?
#Binance #Futures
OI is only up 27% though, which is small next to the move. feels like a lot of this was spot buying and shorts getting dragged along, not a fresh wave of leverage.
$PIEVERSE has the opposite look, retail at 0.51 long/short with OI +49% while price is up 16%. crowd is short into a green candle again.
which of the two squeezes harder from here?
#Binance #Futures