- BERA, the rebel of the crypto world, laughs in the face of $19.4M outflows as traders keep stacking it up.
- OKX traders, the eternal pessimists, cling to their bearish ways, selling like there’s no tomorrow.
Berachain [BERA], the underdog turned top dog, has surged 14% in the past 24 hours, leaving other tokens in the dust. Weekly gains? A whopping 30%. Meanwhile, the rest of the market is still figuring out how to tie its shoelaces. 
Analysts, with their crystal balls, predict BERA’s path to glory is clear. Spot and derivative traders are piling in, buying like it’s Black Friday. 
Spot traders: The comeback kids
Last week, BERA saw $19.4 million vanish into thin air, a move that usually screams “sell everything!” But BERA, ever the contrarian, decided to rally instead. 
Spot traders, smelling opportunity, have snapped up $2.8 million worth of BERA in the past three days. Who needs logic when you’ve got momentum? 
If this buying spree continues, BERA could be the crypto equivalent of a rocket ship. 
Derivatives traders: The wildcards
Derivative traders, the gamblers of the crypto world, might just be the fuel BERA needs for its next rally. Open Interest has skyrocketed 202.2% to $136.79 million, a sign that the market is buzzing. 
Volume is up 262% to $595 million, and short liquidations have hit $769,000. Bears, it seems, are getting mauled. 
When shorts get liquidated faster than you can say “bullish,” it’s a sign the market is ready to party. 
But not everyone’s on the BERA bandwagon. Some traders are still stuck in their bearish ways, refusing to join the fun. 
OKX traders: The party poopers
Over at OKX, traders are selling BERA like it’s going out of style. The long-to-short ratio is a dismal 0.76, meaning bears are in control.
With selling pressure this intense, BERA’s rally might hit a speed bump. But hey, who invited these Debbie Downers anyway? 
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2025-03-26 07:07