The post Plasma drops 15% But ONE metric fuels hopes of XPL rebound appeared com. Key Takeaways Why did Plasma defy typical bearish trends? Open Interest surged to $255 million despite a 15% price drop, showing renewed trader participation. What could drive XPL rebound soon? A steady Long/Short Ratio above 2. 0 and ongoing short liquidations may strengthen bullish momentum. Plasma [XPL] dropped nearly 15% in the past 24 hours, extending its October slide. Yet, on-chain data revealed unusual behavior among derivatives traders that could hint at an early-stage rebound if bulls sustain their momentum. Open Interest surges despite the explosive bearish drop Despite the steep decline, Plasma’s Open Interest (OI) rose to $255. 08 million, up from lows of around $233 million. Typically, OI contracts when prices fall as traders exit positions. The rise this time indicated new positions were being opened, possibly by institutional traders buying the dip. Short liquidation sends mixed signals Meanwhile, Plasma’s Aggregated Short Liquidations climbed to $1. 33 million at press time versus just $49,000 in longs. The imbalance reflected growing short pressure being squeezed as volatility rose. That setup could swing either way: a deeper correction if momentum fades, or a rapid bounce if short sellers retreat. 027, meaning longs outnumbered shorts roughly two to one. Such dominance often signals increasing trader conviction in a price recovery. Even so, whether the optimism holds will depend on sustained demand in both Spot and Futures markets. The combination of short liquidations and higher long exposure gives bulls a near-term edge, but only continued accumulation can confirm a shift in trend.
Category: general
Washington and Seoul brokered a historic $950 billion deal, bringing the two nations closer in both trade and military alliance. South Korea will pay $350 billion upfront to lower tariffs implemented by the USA. Hundreds of billions will flow between the nations as trade once again acts as the greatest diplomat. Auto exports from South [.].
AUSTIN (KXAN) — Anderson remained undefeated with a 56-22 win over Lockhart on Thursday in high school football action around Central Texas. The Trojans are now 9-0 overall, 7-0 in District 12-5A1 play, heading into a showdown with Weiss to end the regular season Nov. 6. That game will be the KBVO Game of the […]
NFL insider Bruce Drennan made an interesting revelation about Cleveland Browns DE Myles Garrett’s contract extension.
A U. S. court is now handling claims tied to $63 million in frozen Multichain USDC as New York and Singapore coordinate.
Drake Trolls Shohei Ohtani & Dodgers Following Blue Jays Win
The rivalry between the Kansas City Chiefs and the Buffalo Bills has been one of the best rivalries in all of sports during the 2020s, with the two AFC elites meeting multiple times in just about every season since Patrick Mahomes and Josh Allen both emerged as two of the best quarterbacks in the NFL. [.] The post Why Chiefs’ offense is perfectly built to exploit Bills’ defense in Week 9 tilt appeared first on ClutchPoints.
Federal agents detained 46 undocumented workers at a New Jersey freight facility in major DHS immigration raid, marking 22% of the warehouse workforce.
This story contains spoilers from the Oct. 29 episode of Survivor. The tribe wasn’t ready to hug it out. After Shannon Fairweather was voted off the island by her fellow cast members on the Oct.
The LoLdle answers for October 31, 2025, are now out. The 1212th iteration, like the earlier entries, has five interesting challenges.