- An influx of liquidity of $ 26 million on the perpetual market led to the Rallye in Vic.
- Recent ecosystem updates have led 83% of market players to bet on other gains.
Viction (Vic) led the market with an amazing 60% push, pushing the gain last week above 100% and now an increased sequence of four weeks.
Perpetual market investors strongly supported this rally, supported by the increase in activity on the chain and a key upgrade of the ecosystem.
However, the question of whether the gathering can hold remains uncertain – Cryprypto breaks down the key factors that you should monitor.
Investors empty the portfolios on Vic Crypto
Perpetual investors have become the main force behind the Vic rally, injecting $ 26 million on the market and pushing the open interest of more than 550% in just 24 hours, depending on Coinglass.
Source: Coringlass
The open interest, which follows the total number of unstable perpetual contracts, reflects an increased activity on the market when it increases. At the time of writing this document, he had reached $ 152.41 million, a record level for Vic.
The prices momentum has still accelerated as the negotiation volume jumped more than 1,000% to 3.82 billion dollars, strengthening the strength of the rally.
Supporting this trend, the purchase / sale ratio of takers climbed to 1.101 during the same period, indicating more aggressive purchases than selling on the perpetual market, another sign of bull pressure.
Source: Coringlass
The cash market has also played a role, although smaller, with $ 344,000 from VIC accumulated for long -term outfit. Although modest, it marked a record for purchases of Vic spots.
Walk forward for the price?
The rally seems to hold hard, because the merchants who have placed themselves against the upward trend have undergone losses.
Finding sellers have lost around $ 9.9 million thanks to liquidations in the past few hours, according to Coinglass.
Source: Coringlass
This significant loss, in particular in relation to the position of long traders, confirms that the momentum of the market remains firmly optimistic.
In addition, CoinmarketCap feeling data show that 81% of community members expect the assets to continue its upward trajectory, supporting the probability of an prolonged optimistic race.
Rally of ecosystem upgrading spikes
This net price rally occurs shortly after Vic solved a network problem, which, according to an article on X, was a “synchronization problem”.
This meant that the blockchain had previously failed to maintain a coherent and up -to -date copy of his big book.
Source: Nansen
According to Nansen, not only has the price increased during the last day, but the network has also seen weekly costs increase by more than 4,000%, while the number of transactions exceeded 2.95 million.
Buyers’ sustained liquidity inputs, combined with a positive activity on the chain, could propel higher into the next negotiation sessions
