Odaily Planet Daily reported that according to on-chain analyst Ai Yi monitoring, FOLKS 24H contract trading volume reached $2.35 billion, ranking among the top three, only behind BTC and ETH. After several rounds of fluctuations, the current open interest (OI) is still $29.83 million: Out of 294 smart money traders, 65% (191 accounts) chose to go long, with a total position of $6.18 million and an average opening price of $21.88. The remaining 35% of the bears (103 accounts) hold positions worth $2.57 million, with an average opening price of $15.64, mostly indicating a stronghold at low points.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin pulls away from software stocks as Iran war, AI reshape market dynamic
Since the Iran conflict began on February 28, bitcoin has outperformed software stocks, diverging from their previous correlation. While bitcoin rose over 5%, software equities, represented by IGV, fell more than 2%, indicating a shift in investor sentiment.
CoinDesk6m ago
Best Crypto Presales April 2026: Bitcoin Everlight (BTCL) Vs BlockchainFX (BFX) Final Presale Stage
April 2026 is shaping up to be a genuinely interesting month for early-stage crypto, and two names keep coming up in the same breath: Bitcoin Everlight (BTCL) and BlockchainFX (BFX). While BTCL has just entered Phase 4 of its presale, BFX is doing something far more dramatic, sitting at $14.17M
BlockChainReporter8m ago
The U.S. dominates global Bitcoin mining, and a 5.8% drop in hashrate triggers a miners’ profitability crisis
In the second quarter of 2026, global Bitcoin hashrate fell by 5.8%, dropping to 1004 EH/s, putting pressure on miner profitability. Even though the United States still accounts for 37.4% of hashrate, emerging markets such as Kyrgyzstan are growing rapidly, while hashrate in Iran and Argentina is declining. The mining industry is facing a period of adjustment, with both the retirement of high-cost mining rigs and market expansion occurring at the same time.
GateNews53m ago
Bitcoin Enters Relief Phase of the Bear Market, Crypto Analyst Reveals Bottom Time Frame
Bitcoin enters relief phase of the bear market.
Crypto analyst reveals bottom price formation time frame.
Can the price of BTC hit one last ATH before the bottom forms?
The price of Bitcoin (BTC), the pioneer crypto asset, continues to trade under the $70,000 price range and is
CryptoNewsLand56m ago
