SOON Traders Urged to Look Beyond Positive Funding Rates Before Betting on a Price Recovery
Key Highlights: Derivative markets for $SOON recorded a negative net inflow of -$1.82 million, alongside $697,000 in spot exchange inflows signaling short-term selling pressure. CoinGlass liquidation heatmap data reveals a heavy concentration of liquidation leverage pools positioned above the current market price, suggesting an upside magnet. Perpetual traders continue to lean long despite prevailing spot ...