some interesting onchain oil stats from our traders:
> 97.6% of takers are skewed long (!)
> average long entry $85.93 (current price at time of writing: $91.6); bulk of trades in profit
> average liq price: $58.02
> long entry prices range from $56.00 to $112.69 (rip... for now)
> 52 positions entered above $100 ($1.23m in notional) - only 3.8% of total long oi
> #1 traded pair on ostium last 3 days in a row
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content
