Internet Computer Jumps 12.5% to $3.30 After Founder Backs Freezing Stolen Funds
- —ICP rose 12.5% to $3.30, hitting a four-month high of $3.40
- —Open interest in ICP jumped 18% to $121 million, volume up 66%
- —Net exchange inflow reached $1.3 million, reversing a $448k outflow a day earlier
- —Binance Long/Short Ratio rose to 1.8, with top traders at 3.5
Why it matters: Growing support for freezing stolen funds strengthens the security narrative, but rising profit-taking could drag ICP back to $2.9.
Source: Cryptonews.net