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FOLKS 24H Contract Trading Volume Reaches $2.35 Billion, Ranking Third Only Behind BTC and ETH

Summary: According to chain analyst Ai Yi's monitoring, FOLKS' 24-hour contract trading volume reached $2.35 billion, ranking third only behind BTC and ETH. After several rounds of fluctuations, the current open interest (OI) is still at $29.83 million: Out of 294 smart money traders, 65% of accounts (191) chose to go long, with a total position ...

According to chain analyst Ai Yi's monitoring, FOLKS' 24-hour contract trading volume reached $2.35 billion, ranking third only behind BTC and ETH. After several rounds of fluctuations, the current open interest (OI) is still at $29.83 million:

Out of 294 smart money traders, 65% of accounts (191) chose to go long, with a total position of $6.18 million and an average entry price of $21.88;

On the other hand, 35% of short investors (103) hold positions worth $2.57 million, with an average entry price of $15.64, mostly likely opening positions at lower points to hold the line.

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Link: FOLKS 24H Contract Trading Volume Reaches $2.35 Billion, Ranking Third Only Behind BTC and ETH   [Copy]
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