Injective holds near $7.50 as futures open interest and buying pressure fall
The token changed hands at $7.4800 on 12 November, with futures open interest down from 23.52 million INJ on 17 October.
Stories tagged open interest
The token changed hands at $7.4800 on 12 November, with futures open interest down from 23.52 million INJ on 17 October.
INJ traded at $7.48 on 12 November, under its 50-day moving average, with taker sell orders at 51.1% of the total.
The token sat at $7.4800 on 12 November, under its 50-day EMA, while futures open interest kept falling from its October peak.
Open interest in Binance BTC futures fell 17% in under a month, from $10.6 billion to $8.8 billion, according to Darkfost.
Open interest in perpetual futures is down from 88 million PUMP a month earlier, and the Fear and Greed Index sits at 29.
The Fear & Greed Index read 29, down from a 65 monthly average, as FXStreet linked the mood to the Binance hack and a December Fed meeting.