CAP cryptocurrency fell approximately 19% in one day amid intense selling pressure. However, the positive funding rate of 0.0182% shows that long positions still dominate the perpetual market, which received $219 million in fresh capital. Spot net outflows of $682,000 suggest accumulation that could support a short-term rebound. In addition, traders liquidated $1.03 million in CAP positions, including $602,930 in short positions, while investor sentiment remains neutral.
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
