Biggest futures action? TAO.

TAO-USD saw open interest surge 17.27 percent over 24 hours, alongside a 3.17 percent price gain. Funding is very positive at 17 percent annualized, that means traders are paying up to be long, so long exposure is building. That can fuel a squeeze higher if price escapes the range, but also raises unwind risk if sentiment flips. Either way, 240.013 dollars is the near-term support to watch.