[M1_mag7]
The old dog glanced at $COHR . It has risen 5.276% in the past 24 hours. The on-chain contract price is 280.96, and spot is moving more aggressively than the contract. The funding rate has returned to zero, meaning longs and shorts are temporarily balanced, with no one paying to carry the position. This rally was basically driven by spot buying, and the derivatives side has not kept up with the sentiment. Open interest is 28,391.84. At the current price, the notional value is over 8 million, so liquidity is not very deep.
Trading tags: #BinanceFutures #TradFi #USDⓈM #COHR #COHRUSDT $COHR
The old dog glanced at $COHR . It has risen 5.276% in the past 24 hours. The on-chain contract price is 280.96, and spot is moving more aggressively than the contract. The funding rate has returned to zero, meaning longs and shorts are temporarily balanced, with no one paying to carry the position. This rally was basically driven by spot buying, and the derivatives side has not kept up with the sentiment. Open interest is 28,391.84. At the current price, the notional value is over 8 million, so liquidity is not very deep.
Trading tags: #BinanceFutures #TradFi #USDⓈM #COHR #COHRUSDT $COHR