Betting against CAP right now is costing traders dearly – Here’s why

Share

The CAP token surged approximately 23% in one day, driven by sustained buying pressure in the perpetual contracts market. The Funding Rate is currently positive at 0.0050%, Open Interest reached $32 million, and total volume across spot and perpetual markets exceeded $126 million, up over 450% during the same period. Liquidation data reveals that short traders recorded losses 12 times higher than long traders on October 6th, demonstrating marked bullish dominance in the market.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items