PUMP Surges with $1.565 Billion Combined Open Interest and Over $1.565 Billion 24-Hour Trading Volume on Hyperliquid and Binance

As of July 13, market analytics reveal that PUMP maintains a substantial open interest of $350 million on Hyperliquid, accompanied by a robust 24-hour trading volume surpassing $350 million and a sustained positive funding rate. Concurrently, Binance reports an open interest of $142 million for PUMP, with an impressive daily trading volume exceeding $1.215 billion, also supported by a positive funding rate. The long-short ratio among major traders, measured by position size, currently stands at 1.16, indicating a slight contraction from its recent high of 1.2. These metrics underscore a balanced market sentiment with a marginal tilt towards bullish positioning, reflecting prudent risk management among institutional participants.

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