May have added to the movePossible
Open interest rose about 43% over the 24 hours ending Nov 3, 11:00 UTC, while short liquidations exceeded long liquidations in the following measured window; the current funding rate was negative. These signals are consistent with positioning potentially adding upward pressure, but do not establish a crowded short trade or what initiated the rise.
- Gate USDT perpetual: open interest, taker volume and liquidations
- Gate USDT perpetual: open interest, taker volume and liquidations
- Gate USDT perpetual: funding rate
尚未证实
The data cover one derivatives venue, and the move's onset is unknown. Liquidations may have followed the rise rather than started it.