📊 Glassnode: This week, #crypto rallied broadly, but #Perpetual Open Interest tells a mixed story. #BTC and #SOL saw notable OI declines, suggesting reduced speculative positioning while squeezing shorts during the move. Meanwhile, #ETH , #XRP#, and #BNB# showed rising OI, signalling renewed leveraged engagement and growing appetite for directional exposure
📊SunPerp Becomes First #Perpetual Futures #DEX on TRON, Nears $30M TVL: CryptoQuant SunPerp has launched on #Tron as the first perps DEX, CryptoQuant has reported. TVL has neared $30M with strong deposits, $USDT markets, and zero gas fees. $TRX #crypto
💵 Aster Compensates Traders After XPL #Perpetual Price Spike Triggers Losses Aster has reimbursed traders who suffered losses following an abnormal price spike in its XPL #perpetual contract. #crypto
We’ve been holding $CAKE in our portfolio for a long time. Last time, we bought around $1.51 and sold half when it hit $4 . Now I’m planning to add more, with laddered buys between $2.51 – $2.70. The possibility of a #Perpetual #DEX announcement is quite high. Such a move could put CAKE ahead of all perpetual DEXs in the market. The shift from #CEXs to DEXs has already started and is gaining momentum. Let’s play the game together and start winning with #CAKE. Not financial advice.
#Perpetual futures CVD turned #bearish since July with growing sell pressure - speculative traders leaning short 📉💪. Indicator highly volatile though - need to monitor if negative bias sustains or proves transient 🔄👀⚡️ #crypto