Algorand's ALGO Falls 4.49% to $0.0993 as Open Interest Edges Up 0.15%
- —ALGO slipped below $0.10, down 4.49% in 24 hours
- —Open interest across seven exchanges reached $43.65 million, up 0.15%
- —24-hour liquidations totaled $96,580, with $95,740 in longs
- —Funding rate negative at -0.0095% per eight hours
Why it matters: Longs accounted for nearly all liquidations and funding turned negative, signaling fading bullish positioning near $0.10.
Source: TokenPost