$PORTAL Accelerating upward movement, the top spot changes hands


30 minutes ago, the top was $LAB +63.08%, now $PORTAL +137.07%. It's not a continuation of the same coin, but a switch in the leading gainer, indicating funds are rotating between high-volatility contracts.
Open interest (OI) over 24 hours increased from +61.2% to +136.7%, with even more aggressive position inflows; but 1-hour OI dropped from -1.9% to -2.0%, indicating short-term position reduction.
Funding rates decreased from 0.0775% to 0.0144%, cooling off the crowded long positions.
Retail longs increased from 28% to 37%, still relatively low; Taker from 1.00 to 1.03, indicating active buy orders only slightly favored.
If the price approaches the 0.04721 high but OI continues to decline, the structure is weakening.
$PORTAL $LAB $PLAY
Around 0.04721, is it shorts adding margin or longs starting to withdraw?
Generated using Claude Opus 4.8 model. Claude is AI and can make mistakes. Please double-check responses.
LAB11.6%
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HerringInACan
· 1h ago
All those coins waiting to be liquidated, drop the line and immediately smash them.
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LuckyCatCatCatCatCatCat
· 1h ago
Solana developer cavemanloverboy has published the SIP-547 proposal, which aims to expand SOL burning through resource-based fees. According to NS3, the proposal states that currently, the burning of the base fee totals 648 SOL per day, far below the approximately 60,000 SOL daily inflation.
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