$WLD has had so little fud lately that it's hard to get used to it
Have you guys seen the report of #Binance Reseach? World is in the AI - Backend Infrastructure category along with FET, AGIX. Let's see if the current market is still bullish on $WLD.
1) Onchain:
According to Santimen, $WLD transactions from addresses in the "Top 100 Balance" have transferred a total of 3.7M tokens to #Binance and OKX.
This deposit was made on January 6, right before the recent 25% drop.
2) Trader
2.1/ Open Interest (OI) decreased by 6.77%, to $333M -> Some have closed positions. => However, the decrease is not large, showing that there is still some interest. (OI is the total number of derivative contracts (futures, options) that have not been liquidated or closed).
2.2/ Long/Short ratio on exchanges: 0.9316 → Traders are slightly inclined towards the downtrend.
Long/Short ratio by Account:
- Binance: 4.4975 → The number of accounts opening Long is ~4.5 times higher than the number of Short accounts.
- OKX: 7.31 → The number of accounts opening Long far exceeds the number of accounts opening Short
→ Extremely optimistic sentiment, but mainly from small retail investors.
Top Trader Binance:
- Top Trader Long/Short Accounts: 4.56
- Top Trader Long/Short Positions: 2.6 (continuously breaking the peak) but much lower than Accounts
→ Although still biased towards Long, the position size has been reduced to limit risk. #world
