PROM Jumps 14% but Spot Inflows and Liquidation Mix Signal Caution
- —PROM gained 14% on the day and 228% over 90 days
- —Open interest rose to $19.33 million; perpetual volume jumped 177% to $49.05 million
- —Spot netflow turned positive at $406,480, signaling selling pressure
- —Longs lost $34,170 versus $42,940 for shorts despite the price rise
Why it matters: The weak short-liquidation skew and tokens flowing onto exchanges raise doubts about whether PROM's rally can hold.
Source: AMBCrypto