SOL's open interest is recording 6.88 billion dollars (approximately 9.56 trillion won), suggesting a significant price movement is imminent.
According to CoinGlass data, SOL derivatives' open interest increased by 4.03% compared to the previous day, reaching 6.88 billion dollars. This indicates that investors are newly entering the market, expecting a price increase.
Additionally, SOL derivatives trading volume recorded 11.65 billion dollars (approximately 16.19 trillion won), a 5.46% increase from the previous day. This means trading activity is becoming more active.
Currently, the long/short ratio is 0.944, with short-selling positions being predominant. However, major exchanges like Binance and OKX are showing strong buying sentiment, with long/short ratios of 3.1806 and 3.111 respectively.
Meanwhile, SOL is trading at 149.48 dollars (approximately 207,777 won), a 4.31% decline in the past 24 hours. CoinMarketCap's 'profile score' is 66%, suggesting room for improvement.
Industry experts analyzed that "given the SOL ecosystem's active DeFi and Non-Fungible Token activities, this adjustment could be an opportunity to buy".
Real-time news...Go to TokenPost Telegram
<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>
