Odaily Planet Daily reported that according to on-chain analyst Ai Yi monitoring, FOLKS 24H contract trading volume reached $2.35 billion, ranking among the top three, only behind BTC and ETH. After several rounds of fluctuations, the current open interest (OI) is still $29.83 million: Out of 294 smart money traders, 65% (191 accounts) chose to go long, with a total position of $6.18 million and an average opening price of $21.88. The remaining 35% of the bears (103 accounts) hold positions worth $2.57 million, with an average opening price of $15.64, mostly indicating a stronghold at low points.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Odaily Planet Daily reported that according to on-chain analyst Ai Yi monitoring, FOLKS 24H contract trading volume reached $2.35 billion, ranking among the top three, only behind BTC and ETH. After several rounds of fluctuations, the current open interest (OI) is still $29.83 million: Out of 294 smart money traders, 65% (191 accounts) chose to go long, with a total position of $6.18 million and an average opening price of $21.88. The remaining 35% of the bears (103 accounts) hold positions worth $2.57 million, with an average opening price of $15.64, mostly indicating a stronghold at low points.