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List of Flash News about futures price drop

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15:05
WIF Futures Open Interest on Binance Surges 84% in 15 Minutes: Key Trading Insights and Risk Warnings

According to Ai 姨 (@ai_9684xtpa) on Twitter, Binance saw an 84% surge in WIF futures open interest over the past 15 minutes, increasing from 17.81 million to 32.82 million tokens. During the same period, the WIF contract price dropped to $1.11. The source highlights that some traders have over $20 million in USDC as margin, which can impact liquidity and volatility. Traders are advised to remain cautious given the rapid increase in open interest and potential for significant price swings. This activity could influence short-term volatility and trading opportunities in the broader memecoin and Solana ecosystem. (Source: Twitter @ai_9684xtpa, May 12, 2025)

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