was at INJ during the session, reaching a high of Hyperliquid, rising approximately 9.37 USD over the past 24 hours, while contract open interest increased by approximately 30%. A whale address holds 49.5%long positions, with unrealized profit currently reported at approximately INJ According to TradingBeats monitoring, 386000 USD。
Injective introduces INJ’s network uses, tokenomics, and proposed Canary Staked INJ ETF(INJC) operating arrangements. The ETF application is still pending approval by U.S. regulators.
Monitoring data shows that INJUSDT past 3600 seconds, fell 8.6%, Binance's open interest declined 5.6%to 23500000 USD;24 the decline over the hour was 6.8%。
The monitoring channel said that the wallet labeled as the Abraxas Capital main address reduced its 41,636.90 units of INJ short positions; the reported current position size is approximately 1000000 USD. The channel also said that the position currently has an unrealized loss of approximately 303800 USD。
Canary Capital said the proposed staking Injective ETF(INJC) is coming soon; the Injective Foundation also launched the Trench Treasury ecosystem support program.
HyperInsight stated that Abraxas Capital the main address reduced its 43,592.60 units of INJ short positions, equivalent to approximately 336500 USD, with the remaining position size at approximately 1272900 USD。
HyperInsight stated that the address labeled as the Abraxas Capital main address reduced 53,313.10 units of INJ short positions, with a notional value of approximately 96700 USD, and the listed position had an unrealized loss of approximately 430100 USD。
Reports say Binance will support Injective(INJ) network upgrade and hard fork; the specific upgrade time and scope of impact have not yet been disclosed.