XLM has risen for two weeks, and as it keeps climbing, retail investors are getting bolder about chasing long positions.
Two weeks ago, XLM was still around 0.183; now it’s near 0.224—up 22%. Throughout the day it ranged back and forth between 0.2190 and 0.2319.
Holdings have been steadily increasing. Binance futures had 216 million coins two weeks ago, and now it’s 258 million—up by 20%. The price and positions both rose together.
What changed the most is sentiment. Two weeks ago, Binance’s long accounts were only 48.2%; now they’re up to 65.4%. In three accounts, two are betting on longs. Big players are even more full-on—69.3% of their holdings are long positions.
But the fee rate hasn’t moved. Both Binance and OKX are still stuck at 0.01%. The long buyers who chased in haven’t had to pay more yet.
In a single day, it exploded with $350,000 in profit; long positions totaled $320,000, accounting for 92%. The largest single order was a $372,000 long order on Binance at 00:54 yesterday. With positions stacked this high, the first thing that hurts is the later longs when there's a sudden sharp drop.
Do you think XLM can still get back to 0.23 this round?
$XLM
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