FOLKS 24-hour contract trading volume reached $2.35 billion, ranking among the top three, only behind BTC and ETH.

According to Odaily Planet Daily, based on monitoring by on-chain analyst Ai Yi, FOLKS 24H contract trading volume reached $2.35 billion, ranking among the top three, only behind BTC and ETH. After several rounds of price fluctuations, OI still has $29.83 million.

Of the 294 smart money traders, 65% of the accounts (191) chose to go long, with a total position of $6.18 million and an average opening price of $21.88.

Meanwhile, 35% of the short sellers (103) held $2.57 million in positions, with an average opening price of $15.64, most of which were likely orders placed at low points and held onto.