PUMP Open Interest Jumps 27.65% as Long Bets Build
On positioning, PUMP caught the eye: PUMP just had the biggest open interest jump in 24 hours, up 27.65 percent, matched with a one-day gain of 15.91 percent. Funding is positive at 13.86 percent annualized, which signals aggressive long…
PUMP just had the biggest open interest jump in 24 hours, up 27.65 percent, matched with a one-day gain of 15.91 percent. Funding is positive at 13.86 percent annualized, which signals aggressive long bets building up. That kind of move means PUMP is now a crowded playground, vol flow and OI spikes like this can swing both ways fast if the mood shifts.
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