$KITE just ripped 12% in 24 hours and most people are only looking at the price. I’m looking at the positioning.
Open Interest jumped 27% to around $105M. Funding is still positive, so bulls clearly stepped in with size. That’s real liquidity expansion, not just spot hype. Over the past three months, KITE has delivered serious upside and this move fits that broader momentum.
But here’s the catch.
On Binance, the Taker Buy Sell ratio is sitting at 0.61. That means aggressive sellers are dominating flow on the exchange that controls more than half of KITE’s liquidity. Funding is still green, but it’s thinning. If it flips negative, sentiment shifts fast.
Liquidation clusters are stacked both above and below price. Translation: volatility is loading.
$KITE is at a decision point. If bulls keep control, we squeeze higher and clear upside liquidity. If Binance pressure expands, downside gets tagged first.
This is not just a pump. This is a positioning battle. Watch the funding. Watch Binance flow. The next move will be decisive.