Markets· ★★· bearish·

WLD derivatives bleed $41.45M as longs take $4.32M in liquidations

  • —Net outflow from WLD derivatives over 24 hours reached $41.45 million
  • —Long liquidations hit $4.32 million versus $39,090 in shorts
  • —Funding rate fell to -0.0096% before recovering to -0.0046%
  • —Spot exchange net inflows totaled $6.02 million
Why it matters: The combination of derivatives outflows, exchange inflows and negative funding points to persistent selling pressure on WLD.
Source: TokenPost