MLN plummets 22%, futures open interest skyrockets, funding rate shows anomalies
The MLN market has experienced wild volatility, with spot prices crashing over 22%, alongside a significant increase in futures open interest and an unusually high positive funding rate. This indicates that amidst the overall downturn in the token market, speculative activity is on the rise, potentially driven by short positions, creating a complex interplay.
The MLN market has experienced wild volatility, with spot prices crashing over 22%, alongside a significant increase in futures open interest and an unusually high positive funding rate. This indicates that amidst the overall downturn in the token market, speculative activity is on the rise, potentially driven by short positions, creating a complex interplay.