According to @ai_9684xtpa analysis, the PLAY token has skyrocketed by 300% in the past 1 hour. Unlike the short-term market fluctuations of MYX, the capital rate of PLAY at the peak was only 0.2917%, indicating that the increase was mainly driven by the strong buying of bulls, and the arbitrage funds also bought spot simultaneously.
This trend is driven by the active buying of the contract market, and there is no intense long-short game. Bulls cannot rely on high capital rates to force short positions squaring, so the overall market structure is biased towards unilateral buying.
PLAY skyrocketed 300% in one hour, and the low capital rate showed that the bulls led the rise
2025-08-07 09:44:56
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