- Sei’s trading data shows a rise in volume but declining open interest, indicating conflicting market signals.
- Pyth Network’s recent long positions suggest a potential bullish shift, though mixed signals warn of sudden reversals.
- Sui’s market shows bullish trader preferences, but heavy long liquidations indicate ongoing volatility and market pressure.
Sei, Pyth Network, Sui, Starknet, and JasmyCoin have all seen their prices fall, mirroring the wider market’s turbulence. However, derivatives trading data paints a more intricate picture, with each token showcasing its own market behavior.
Sei is currently priced at $0.284697, with a 24-hour trading volume of $115,018,784. It has declined 11.81% in the last 24 hours, with a market cap of $939,500,407. The circulating supply stands at 3.3 billion SEI coins.
Derivatives data shows trading volume has climbed 11% to $175.52M, but open interest has fallen 12.92% to $66.60M. A long/short ratio of 0.8113 suggests more short positions are open. However, recent trading data reveals strong long positions, with $305.44K long versus $3.19K short in the last 24 hours.
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The post Price Action and Derivatives Insights for SEI, PYTH, SUI, STRK, JASMY appeared first on Coin Edition.
Source: https://coinedition.com/price-action-and-derivatives-insights-for-sei-pyth-sui-strk-jasmy/