📊 #BitcoinCash and #Loopring are among the assets that are being shorted on #Binance after the #crypto markets dropped heavily this week. They are already showing signs of bounces, and short #liquidations would only act as rocket fuel if markets recover.

Check out our Binance funding rate chart here, and plug in other assets you may be interested in!

References:

• Squid, Game, Rug - https://cryptopotato.com/squid-game-pulls-the-rug-squid-price-crashes-99-99/
• Loopring, LRC - https://investorplace.com/2021/11/loopring-crypto-news-the-gamestop-rumor-that-has-lrc-soaring-today/
• SAND - https://www.reuters.com/article/the-sandbox-funding-softbank-group/softbank-leads-93-million-investment-in-nft-gaming-firm-the-sandbox-idUSKBN2HN06I

One of our favorite metrics to keep an eye on as we analyze market health is active addresses vs. active deposits. When address activity is high and deposits are staying low, this is a good sign that prices can naturally grow.

As you would imagine, the numbers aren't just all in the ratio between these two metrics. We also want to see address activity in general moving up, even if that means deposits are moving up along with it. Here's a look at 3 great, as well as 3 not so great, candidates:

Looking Healthy:

Ethereum ($ETH)

The Graph ($GRT)

Sentivate ($SNTVT)

Looking Unhealthy:

Loopring ($LRC)

Crypto-Com ($CRO)

Skale ($SKL)