Ai16Z Jumps 15% as Derivatives Demand Heats Up
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Ai16Z News -
Ai16Z experienced a sharp rally over the past 24 hours, surging 15.49% from $0.21 to $0.2587 before a minor pullback. The memecoin’s derivatives markets turned decisively bullish, with total volume spiking 67.36% to $311.29 million—a clear indicator of growing trader interest.
Futures activity highlights the trend: Open Interest ROSE 15.7% to $90.57 million as both new and existing positions expanded. The funding rate stayed firmly positive, confirming long positions dominate the market. Spot traders remain cautious despite these aggressive derivative bets, creating a divergence worth monitoring.
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