Markets· ★★· bullish·

CAP token rallies 24% as retail positioning builds

  • —Funding rate of 0.0208% signals longs are paying shorts
  • —Open interest climbed 26% to $28.61 million
  • —Perpetual trading volume rose 151% to $75.9 million
  • —Holder count grew by roughly 410 to 5,540 since early October
Why it matters: Rising open interest and a long-heavy book raise the risk of a sharp unwind after the rally.
#CAP
Source: AMBCrypto
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