VIC crypto soars 60% in 24 hours – Is the rally just beginning?

• The influx of liquidity of $ 26 million on the market was cracking on the ongoing rally VIC.
• Recent ecosystem updates have led 83% of market participants to put on further profits.

Wobble [VIC] It led the market with an amazing 60% increase, pushed its profit over 100% last week and maintained a four -week bull.

Investors in the market market market strongly supported this assembly, supported by growing activities in the chain and the key upgrade of the ecosystem.

Yet whether the assembly can stick to, it remains uncertain – Ambrpto divides the key factors you need to monitor.

Investors of empty wallets on Crypto Vic

Perpetual investors appeared as a primary power for more rally, have been 26 million dollars on the market, and, according to open interests, in just 24 hours, pushed open interest in more than 550%, according to only 24 hours, according to Coinglass.

The open interest that monitors the total number of unresolved permanent contracts reflects increased market activity as it rises. At the time of writing he reached $ 152.41 million, which is historically the highest for VIC.

The hymn price further accelerated when the volume of trading increased over 1,000% to $ 3.82 billion, which strengthened the power of the rally.

The ratio of this trend, the purchase/sale ratio, has climbed to 1.101 in the same period, indicating a more aggressive purchase than sales on the eternal market, another sign of bull pressure building.

Spot Market also played a role, albeit smaller, with $ 344,000 accumulated for long -term possession. Even though it was modest, it meant a record maximum for VIC’s purchase.

March forward for price?

The assembly seems to be strong because traders who opposed uptrend caused losses.

According to Coinglass, short retailers have lost approximately $ 9.9 million in the last 24 hours in the last 24 hours.

This significant loss, especially in comparison with the position of long traders, confirms that market momentum remains firmly bull.

Plus data sentiment from Coinmarketcap It shows that 81% of community members expect the asset to continue its ascending trajectory and promote the likelihood of extended bull running.

Upgrade the spurs rally ecosystem

This sharp price gathering comes shortly after VIC has solved the problem of networks that according to a post There was a “synchronized problem” on X.

This meant that Blockchain had previously failed to maintain a consistent and current copy of his book.

According to NansenNot only during the price of price increases, but the network also recorded weekly fees of more than 4,000%, as the number of transactions exceeded 2.95 million.

The influx of permanent liquidity from buyers, combined with positive activities on the chain, could drive more in the upcoming trading sessions