EWZ crowded rally: up +6.1% in 24h, longs paying +554.7% annualized funding
Suggested: Short
The rally is too crowded and more often underperforms the market, so consider fading it short.
HIP-3 60-day backtest (44 cases): over the next 24h, returns underperformed the HIP-3 market by 1.6% on average and fell in 72% of cases; the effect weakened substantially over the following 30 days. Still being observed; not guaranteed.
24h change+6.1%
Hourly funding (annualized)+0.0633%/hAnnualized +554.7%
Open interest$5M
24h change+6.1%
Annualized funding+554.7%
Hourly rate+0.0633%
Signals cover 402 whale wallets in the engine's tracked pool. Profiles use the Hyperliquid fills available to the engine. · Signals use the public Hyperliquid API. Nicknames describe trading style, not identity; profiles and tags are calculated from available fills.