Filecoin – How rising whale demand could extend FIL’s 14% gains

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Filecoin (FIL) surged 14% in 24 hours, driven by a significant rise in whale activity on Binance and Bybit. The Whale Retail Ratio reached approximately 0.329, indicating that large investors are dominating over retail traders. In the perpetual futures market, the Funding Rate shifted from -0.0019% to 0.0102%, signaling that long positions now prevail. Open Interest jumped 17.5% to $275 million, while DEX trading volume for FIL exploded from $71,167 to $757,092. Total Value Locked (TVL) also climbed to $3.2 million, confirming the bullish momentum for the asset.

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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.

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