Dogwifhat Trades Near $0.20 as Futures Selling Outpaces Buying

Dogwifhat (WIF) traded near $0.20 Saturday as futures taker selling outpaced buying, putting the token close to a $0.19 chart support level. A one-hour futures reading at 5 a.m. ET (09:00 UTC) put the taker buy/sell ratio at 0.6950. It recorded 469,459 in taker buy volume and 675,450 in taker sell volume, with selling about 44% higher. A separate futures reading put open interest at approximately $12.47 million, or 63.59 million contracts, down 2.40% over 24 hours. Falling open interest is consistent with contracts closing, but the figure alone does not show whether long or short positions were exited. Account positioning showed 59.8% of Binance accounts were long and 40.2% short at 5 a.m. ET. Among top traders, 67% were long and 33% short.

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