$WET This hour has been intense, with open contracts directly rising by 18%, and the price increasing by 8%. A holding of 4.9 million USD is piled on a market value of 27 million, with a frighteningly high leverage ratio.
In the last 24 hours, it has already increased by 30%; this funding rate is estimated to be off the charts. Short-term sentiment is overheated, but Binance contract players are clearly betting on a continued surge. 🎯
I personally wouldn't dare to chase long positions, as the risk-reward ratio at this level is too poor.
In the last 24 hours, it has already increased by 30%; this funding rate is estimated to be off the charts. Short-term sentiment is overheated, but Binance contract players are clearly betting on a continued surge. 🎯
I personally wouldn't dare to chase long positions, as the risk-reward ratio at this level is too poor.