Markets· ★★· bullish·

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