FET jumps 15% in 24 hours as exchange reserves rise 14%
- —FET rose about 15% in 24 hours, trading volume $132.3 million (+9.8%)
- —Exchange reserves rose 14.07% to $37.1 million
- —Open interest rose 10.51% to $82.6 million, derivatives volume +56.72%
- —Top Binance traders are 62% long and 38% short
Why it matters: The price rally is accompanied by an inflow of coins to exchanges and rising leverage, which could amplify FET volatility if the trend reverses.
Source: TokenPost