Markets· ★★· bearish·

CRV drops 14.85% in 24 hours as Binance futures open interest rises 11.54%

  • —CRV fell 14.85% in 24 hours to $0.2846
  • —Binance futures OI up 11.54% in contracts, down 6% in USD to $21.1M
  • —At least $1.3M liquidated in 24 hours, mostly longs
  • —Funding rate at -0.0200%: shorts pay longs
Why it matters: Rising open interest alongside falling price and negative funding points to crowded shorts and squeeze risk.
#CRV
Source: TokenPost
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