#加密生态动态追踪 🔥 FOLKS contract popularity soars, trading volume ranking refreshes understanding



The latest data is impressive—on December 14th, FOLKS' 24-hour contract trading volume has surpassed $2.35 billion, jumping to the third place on the platform's trading leaderboard, only behind $BTC and $ETH. This level of popularity is quite extraordinary.

Looking at key data, FOLKS' open interest is approximately $29.83 million, with funds continuously flowing in, and the accumulated momentum in the market should not be underestimated.

Let's also review the movements of the tracking accounts:

• Among 294 tracking accounts, 65% are long—about 191 accounts, with a position size of approximately $6.18 million, and an average opening price of $21.88
• The remaining 35% are short positions (103 accounts), with a short position size of $2.57 million, but interestingly, the average price is only $15.64—indicating that many early low-position shorts are being held passively without cutting losses

Looking at the market from another perspective: the bulls clearly have the upper hand, while the short positions have a lower cost structure. A tug-of-war is unfolding between the two sides. Short-term volatility is expected to increase, and market attention has reached a new high. The game is just beginning to heat up.
FOLKS1.52%
BTC-1.94%
ETH-1.82%
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