$RIF yesterday shorts had this pinned at -46%. today it's up 70% and they still haven't covered.
funding's at -0.584%, meaning the losing side is paying roughly $127K a day just to keep betting against a coin that's run 48% since we first clocked it. crowd barely blinked, 32/68 to 43/57 short, still stacked the wrong way.
BTC's red today. this thing isn't even looking at it, trading entirely on its own story. $194K flowed into open interest in the last hour alone.
this stretched, it can unwind just as fast as it ripped. NFA 👀
funding's at -0.584%, meaning the losing side is paying roughly $127K a day just to keep betting against a coin that's run 48% since we first clocked it. crowd barely blinked, 32/68 to 43/57 short, still stacked the wrong way.
BTC's red today. this thing isn't even looking at it, trading entirely on its own story. $194K flowed into open interest in the last hour alone.
this stretched, it can unwind just as fast as it ripped. NFA 👀