KARDWormhole (W) futures data
Latest scan: October 13 at 08:08 AM UTC · updated every 4 hours
CROWD · FUNDING
CROWDED SHORT · p0Extreme short crowding: most futures traders on W are betting on a fall. The funding rate is at p0, in the lowest 5% of the last 6 months. If price turns up, short covering can speed up the move (short squeeze).
72-hour average funding: -13.83 bp
AVERAGE DAILY MOVE (ATR)
W moves about this much per day. A stop much tighter than this is risky.
SQUEEZE
NoBand width is at the 100th percentile of its history.
OPEN INTEREST · 24H
Leveraged longs are being liquidated (price −36.1%).
MARKET (BTC)
Bull · calm · trend upSETUP
Crowded short in a calm bull marketMost futures traders are betting on a fall, but BTC is in a bull regime and the market is calm; crowded shorts can get squeezed.
W price chart 4h · Binance futures
Chart by TradingView Lightweight Charts™
Key levels
| LEVEL | PRICE | DISTANCE |
|---|---|---|
| 20-day high | 0.03188 | +65.4% |
| 20-day low | 0.01103 | −74.8% |
| 55-day high | 0.03188 | +65.4% |
| 55-day low | 0.0079800 | −141.5% |
Active signals
| Crowd | W · everyone is betting on a fall | p0 |
| Liquidation | W · leveraged longs are being liquidated | OI -56% |
What happened after signals on W in the past?
Crowded short (everyone betting on a fall): 35 times since April 2024; price moved in the upward direction 7 days later 31% of the time (normal: 39%). Crowded long (everyone betting on a rise): 27 times since April 2024; price moved in the downward direction 7 days later 54% of the time (normal: 61%). 20-day high breakout: 27 times since April 2024; price moved in the upward direction 7 days later 44% of the time (normal: 39%). 20-day low breakout: 49 times since April 2024; price moved in the downward direction 7 days later 63% of the time (normal: 61%).
| SIGNAL | N | EXPECTED DIRECTION AFTER 7D | NORMAL TIMES | AVG. 7D |
|---|---|---|---|---|
| Crowded short (everyone betting on a fall) | 35 | 31% | 39% | −0.9% |
| Crowded long (everyone betting on a rise) | 27 | 54% | 61% | +4.1% |
| 20-day high breakout | 27 | 44% | 39% | −4.1% |
| 20-day low breakout | 49 | 63% | 61% | −2.7% |
Historical statistics; they don't show the future. If the difference from normal times is small, the signal carries little directional information on this coin.
FAQ
What does the W funding rate show right now?
Extreme short crowding: most futures traders on W are betting on a fall. The funding rate is at p0, in the lowest 5% of the last 6 months. If price turns up, short covering can speed up the move (short squeeze).
Are longs or shorts crowded on W?
As of the latest scan the crowd on W is: crowded short (funding percentile p0). p0 is the most short and p100 the most long moment of the last 6 months.
How much does W move per day on average?
W's average true range (ATR) is about 15.2% per day. A stop much tighter than this is more likely to be hit by an ordinary swing.
Are there liquidations on W?
Yes. Open interest changed −55.8% and price −36.1% in the last 24 hours: leveraged longs are being force-closed.