SKHX crowded rally: up +5.1% in 24h, longs paying +242.4% annualized funding
Suggested: Short
The rally is too crowded and more often underperforms the market, so consider fading it short.
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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+5.1%
Hourly funding (annualized)+0.0277%/hAnnualized +242.4%
Open interest$319.34M
24h change+5.1%
Annualized funding+242.4%
Hourly rate+0.0277%
Signals cover 407 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.