$BCH Explodes 10%โฆ But Somethingโs REALLY Off ๐จ
$BCH is ripping โ up 10% in 24 hours โ but dig a little deeper and youโll find a seriously fractured market.
While leveraged traders are piling in (Open Interest up $184M to $786M ๐), spot holders are quietly heading for the exits. Funding rates are screaming bullish at 0.0044%, and shorts are getting wrecked ($2.54M liquidated!).
This isnโt a consensus move. Spot investors are de-risking, taking profits, or bracing for a pullback. This divergence between derivatives and spot markets is a major warning sign. Is this rally built on shaky ground? ๐ค
#BCH #CryptoTrading #Derivatives #MarketAnalysis ๐

BCHUSDT
Perp
589.94
-0.76%
