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Crypto Express

07/21 01:03

More bullish signs for CFX



As the charge continued, more bullish signs reigned, especially in the derivative markets as opposed to spot. CFX’s volume rose 374% reaching $551.55 million.

This was supported by Open Interest (OI) that was 109% higher than that of the previous day.

Additionally, the overall Long/Short ratio across different top exchanges was above the 1 mark, suggesting traders were buying CFX. That of top traders was higher, meaning the savvy one were also betting higher prices.

For liquidations in the last 24 hours, CFX was seeing more shorts taken out as price pumped.

As of press time, across the one-hour time frame, CFX was seeing in excess of $700K while the higher ones got almost $1 Million in liquidations.
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