What about JASMY?
When we look at the details of the rise on the#JASMYside, we see that long transactions opened on both the spot purchases and the futures side are effective.
Spot sales have occurred since 06:00 and continue. Separately, there has been a withdrawal in the forward transactions opened since 12:00.
We see that long transactions, which were effective in the rise, were mostly opened on Bybit exchanges after Binance. Let's look at their current situation;
There has been a decline in the number of open futures transactions on the futures side of the Binance exchange since 12:00. When we look at the details, long transactions have been closed. We can say that short transactions were opened for a certain amount at 07:00 and since they were not closed yet, they did not take any profit.
When we look at the futures transactions on the Bybit exchange, long transactions have been closed since 11:00. We can say that there was a growth in short transactions at 09:00 and 14:00 and they did not take any profit since they were not closed yet.
Unless spot purchases recover, they will focus on liquidity operations from now on, so let's look at the Liquidation levels for Jasmy.
$JASMY Long Liquidation Levels
🔴0.02411
🔴0.0236
🔴0.02245
$JASMY Short Liquidation Levels
🔴0.02684
🔴O.02736
Via: CryptoPNZ