Monero Jumps 13% as $54.9M Flows Into XMR Perpetuals
- —XMR gained 13% in 24 hours, leading the privacy-coin sector
- —Perpetual open interest rose 18% to $305 million
- —Funding rate hit 0.1683%, the highest since September 4
- —Liquidity clusters below price signal near-term pullback risk
Why it matters: The rally is driven by leveraged longs rather than spot demand, leaving XMR exposed to a sharp unwind if momentum fades.
Source: AMBCrypto