DeepBook's DEEP rallies 12% as trading volume jumps to $23M
- —DEEP rose 12% with trading volume up 77% to about $23 million
- —Long/Short Ratio stood at 2.12 for retail and 1.12 for whales, both bullish
- —Smart Money positioned "Extremely Bearish" against the broader market
- —DEEP's funding rate turned negative at -0.0027%
Why it matters: The split between retail, whales and Smart Money signals uneven conviction behind DEEP's rally, while negative funding leaves room for a short squeeze.
Source: AMBCrypto