
Filecoin jumps 14% as whale demand lifts open interest 17.5%
- —FIL gained 14% in 24 hours amid rising whale activity
- —Open interest in FIL futures rose 17.5% to $275 million
- —Funding rate flipped from -0.0019% to +0.0102%, signaling long dominance
- —DEX volume jumped from $71,167 to $757,092, TVL reached $3.2 million
Why it matters: Rising open interest and a positive funding rate point to stronger bullish pressure, but leave FIL exposed to sharp long liquidations.
Source: AMBCrypto