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FIL Contract Fee Skyrockets on Major CEX, Resulting in $6.2M Liquidation in 24 Hours

2025.11.07 09:40:20

On November 7th, based on Coinglass data, the perpetual contract funding rate for FIL on mainstream CEXs has surged to a significantly high negative value, suggesting a build-up of short positions. Currently, Binance's FIL contract funding rate is at -1.005%. According to HTX market information, FIL is currently trading at $2.184, with a 24-hour increase of 61.2%. In the past 24 hours, the contracts of FIL have seen liquidations of $6.2 million, with the amount of short positions liquidated reaching $4.02 million. FIL's total open interest now stands at $218 million, with a 24-hour growth of 118%. Today, storage sector tokens have witnessed a substantial increase, with FIL, AR, and STORJ leading the gains.
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