Why is #RİVER pumping?
Perpetual futures Open Interest jumped 16% to $196M — $31M in leveraged capital entered in one move. Funding rate is positive, meaning most of that is longs.
Simple words: Traders are betting big on upside. That's what's pushing price. Not fundamentals. Leverage.
The risk nobody's talking about:
March 22 — token unlock incoming. If buying pressure can't absorb the new supply, those leveraged longs become the exit liquidity.
Levels to watch:
🟢 Hold above $24 → possible push toward $27–$28
🔴 Break below $22 → next stop $20, maybe lower
One red flag worth knowing: Over 69% of RIVER supply on BNB Chain sits in a single wallet. That's extreme concentration. One wallet can move this market alone.
Bottom line:
Momentum is real. Risk is also real. March 22 unlock will decide the next move.
Don't get caught holding leverage into that date.