Binance Futures Contract Linked to Micron (MU) Falls 9.85% as Open Interest Drops 28.23%
Photo: TokenPost
A Binance futures contract associated with Micron (MU) fell 9.85% over 24 hours to $781.21 in Thursday’s snapshot, while open interest dropped 28.23%. The decline was consistent with traders closing positions or being liquidated after the selloff. Trading ranged from $762.69 to $874.52, with 24-hour volume of $1.19 billion. Open interest stood at 248,902.03 contracts, with a daily value of $141,582,087. The contract was below its seven-, 20-, 50- and 200-day moving averages, as well as its 12- and 26-period exponential moving averages. It also traded below the lower Bollinger Band at $798.69.
Source: TokenPost
