XCN Pumps 50% on Upbit, Dumps After Significant Longs
$XCN experienced extreme volatility on Upbit, surging approximately 50% in a single candle. This rapid pump was attributed to a substantial spike in Open Interest (OI) delta, indicating massive long positions opening into the move rather than a short squeeze. Immediately following the pump, XCN dumped, with funding rates flipping significantly negative.
Detected & updated continuously · Source: Ruma
Mentioned
Onyxcoin (xcn)
@upbitglobalSources
@BeInCrypto_BR
XCN dispara 47% na Upbit, RAIN mantém estabilidade e STABLE busca romper resistência nesta semana.
@CoinAnk
$XCN pumped 50% in a single candle OI delta spiked to 227M at the same time — this wasn't a short squeeze. Someone opened longs into the move. Hard. Then it dumped. Funding flipped negative to -5.15. The market's been leaning short ever since. So the question is: was this a https://t.co/LkbJyfLuOT
@cexscan
On #Coinbase Spot (USD), $XCN spikes Spike: ↑ 10.99% Price: 0.00626 Volume: 696.04K #CryptoRealtime alerts 👇 https://t.co/FQkEDR2v6y
@cexscan
On #Coinbase Spot (USD), $XCN spikes Spike: ↑ 5.57% Price: 0.00777 Volume: 79.10K #CryptoRealtime alerts 👇 https://t.co/FQkEDR2v6y
@cexscan
On #Coinbase Spot (USD), $XCN spikes Spike: ↑ 3.0% Price: 0.00756 Volume: 15.26K #CryptoRealtime alerts 👇 https://t.co/FQkEDR2v6y