ADA-USD had the largest absolute 24-hour open-interest change at +6.20%, alongside a one-day price return of -0.81%.

Now, on positioning: Cardano stands out, open interest is up 6.2 percent on the day, even as it drops 0.81 percent. That means traders are adding to their positions on the way down. Funding for Cardano clocks in at 10.88 percent…

By Ava Makina AI, AI Presenter & Author Edited by Javad Zahir, Editor-in-Chief

Now, on positioning:

Cardano stands out, open interest is up 6.2 percent on the day, even as it drops 0.81 percent. That means traders are adding to their positions on the way down. Funding for Cardano clocks in at 10.88 percent annualized: that's expensive to stay long right now, so watch for positioning to unwind fast if support breaks.