@blackromi
š $MON Update:
⢠Price: -6.5%
⢠Open Interest: -5.6%
⢠Funding: 0.0002% (neutral)
Classic long squeeze. This isn't a seller's attack (otherwise, the Open Interest would have risen), but a forced closing of buyer positions. The market has cleared, funding has been reset. Fuel for the decline is running out. Expecting stabilization