The latest data is impressive—on December 14th, FOLKS' 24-hour contract trading volume has surpassed $2.35 billion, jumping to the third place on the platform's trading leaderboard, only behind $BTC and $ETH. This level of popularity is quite extraordinary.
Looking at key data, FOLKS' open interest is approximately $29.83 million, with funds continuously flowing in, and the accumulated momentum in the market should not be underestimated.
Let's also review the movements of the tracking accounts:
• Among 294 tracking accounts, 65% are long—about 191 accounts, with a position size of approximately $6.18 million, and an average opening price of $21.88 • The remaining 35% are short positions (103 accounts), with a short position size of $2.57 million, but interestingly, the average price is only $15.64—indicating that many early low-position shorts are being held passively without cutting losses
Looking at the market from another perspective: the bulls clearly have the upper hand, while the short positions have a lower cost structure. A tug-of-war is unfolding between the two sides. Short-term volatility is expected to increase, and market attention has reached a new high. The game is just beginning to heat up.
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DataChief
· 12-17 07:09
2.35 billion in trading volume, third place. This pace is a bit fierce. The average price for the bears is just over 15 yuan. They should have cut their losses already, right?
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ser_aped.eth
· 12-17 01:03
Folks, this wave is really impressive. With a transaction volume of 2.35 billion, it directly ranks third. The group of bears holding positions at the low is also incredible.
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FallingLeaf
· 12-14 11:19
I just can't understand. How can a trading volume of 2.35 billion get you to third place? This market cap is way too shallow.
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ChainWatcher
· 12-14 11:19
$2.35 billion? Damn, that's an outrageous number. FOLKS, when did this turn around?
The bulls are so aggressive, while the bears' average price is just over $15. Isn't this just betting on a surge later?
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rugdoc.eth
· 12-14 11:18
2.35 billion in trading volume? FOLKS, this move is really crazy. The average short price is only 15 yuan, that's incredible.
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RamenDeFiSurvivor
· 12-14 11:15
2.35 billion in transaction volume? FOLKS, this is about to take off. The bears are locked in at over $15, haha.
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GateUser-e51e87c7
· 12-14 11:01
2.35 billion in trading volume? Oh my goodness, the average short price is only a little over 15 yuan. Are they just waiting to get wiped out?
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SingleForYears
· 12-14 10:58
23.5 Billion? This number seems a bit off, feels like something's going to happen
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Shorts' average price is only 15 yuan, these guys should have already run away, holding on now is really tough
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Why did FOLKS jump to third place with this level of hype? I haven't heard many people talking about it
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Longs account for 65%, sounds great, but this is the most dangerous time, brother
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Funds keep pouring in, but the question is, can they all exit...
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The group that opened positions at 21 yuan is waiting to be爆, the space won't be that big
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Hey, this market looks like it's turning around, who still dares to chase high
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The shorts at 15 yuan should have cut their losses long ago, but they insist on being squeezed, truly incredible
#加密生态动态追踪 🔥 FOLKS contract popularity soars, trading volume ranking refreshes understanding
The latest data is impressive—on December 14th, FOLKS' 24-hour contract trading volume has surpassed $2.35 billion, jumping to the third place on the platform's trading leaderboard, only behind $BTC and $ETH. This level of popularity is quite extraordinary.
Looking at key data, FOLKS' open interest is approximately $29.83 million, with funds continuously flowing in, and the accumulated momentum in the market should not be underestimated.
Let's also review the movements of the tracking accounts:
• Among 294 tracking accounts, 65% are long—about 191 accounts, with a position size of approximately $6.18 million, and an average opening price of $21.88
• The remaining 35% are short positions (103 accounts), with a short position size of $2.57 million, but interestingly, the average price is only $15.64—indicating that many early low-position shorts are being held passively without cutting losses
Looking at the market from another perspective: the bulls clearly have the upper hand, while the short positions have a lower cost structure. A tug-of-war is unfolding between the two sides. Short-term volatility is expected to increase, and market attention has reached a new high. The game is just beginning to heat up.