BONK explodes 11% but bears load up: THIS data says that the rally is a trap
Bonk (BONK) surged 11% in a day, driven by a 32% rise in social mindshare to 8,680. However, funding rates turned negative at -0.0009%, and sentiment dropped to -2.42, indicating bearish pressure despite $4.24 million in spot accumulation and negative netflow of -$880,000.
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