Staying glued to the charts late into the night, that drop on $SNDK really caught my eye. It’s down 10.631% in the last 24 hours, currently hovering around 1537, and the funding rate has hit zero, with open interest just above 20,000. High beta assets like semiconductors don't hold up well against the Mag7 and QQQ; anyone trading TradFi perpetuals knows that when macro sentiment tightens, $SNDK is the first to get leveraged out.

Trading Tags: #BinanceFutures #TradFi #USDⓈM #SNDK #SNDKUSDT $SNDK