Futures speculators piling into $MATIC long on Binance Futures, after last week's brutal liquidation.
#Binance #MaticNetwork
viewbase.com/futures/chart?i…
A large position was accumulated before the flash crash of Binance's $DOT coin-margined perpetual, according to open interest data.
DOTUSD_PERP fell fell as low as $0.25.
viewbase.com/futures/chart?i…
#Polkadot #Binance
1/ Coin-margined $BTC perpetual open interest are useful for tracking short selling activity.
Why do short sellers prefer to short using coin-margined perp (also known as inverse perp to Bitmex users)?
#Bitcoin
viewbase.com/futures/chart?i…
#Binance's BTC coin-margin perp is showing signs of rising OI as price pulls back.
An interesting metric to keep a look out for.
#Bitcoin $BTC
viewbase.com/futures/chart?i…
1/ Coin-margined $BTC perpetual open interest are useful for tracking short selling activity.
Why do short sellers prefer to short using coin-margined perp (also known as inverse perp to Bitmex users)?
#Bitcoin
viewbase.com/futures/chart?i…
2/ The delta of coin-margin perps increases as prices falls.
As price drops, a short position would accumulate more and more delta, earning more PnL than it would on a USD-margin contract.
1/ Coin-margined $BTC perpetual open interest are useful for tracking short selling activity.
Why do short sellers prefer to short using coin-margined perp (also known as inverse perp to Bitmex users)?
#Bitcoin
viewbase.com/futures/chart?i…
$DOT is rallying on low open interest and funding, after shaking out over-leveraged longs below $30.
#Polkadot
viewbase.com/futures/chart?i…
Those who are watching perpetual funding rates may have noticed an interesting anomaly.
Altcoins that had negative perpetual funding rates have outperformed the market this month:
$BNB $AVAX $GRT
#Avalanche #Binance #graphprotocol
viewbase.com/funding










