#数字资产生态回暖 🚀 The FOLKS contract suddenly exploded in popularity, with 24-hour trading volume soaring to $2.35 billion.

The latest data just released (December 14), shows that FOLKS has already climbed to the third position in contract popularity on a major exchange, only behind BTC and ETH. This level of popularity is indeed quite extraordinary.

The market situation is also quite interesting—open interest (OI) for perpetual contracts has reached $29.83 million, with funds clearly still pouring in steadily.

Looking at the holdings of smart money, the battle between bulls and bears is already quite evident:

The long camp (65% of the 294 tracking accounts) is relatively solid, with 191 accounts holding a total of $6.18 million at an average buy-in price of $21.88. On the short side, although there are fewer accounts (35%), they hold $2.57 million in shorts at an average price of $15.64—essentially, they are trapped in a bottom-fishing position.

This clearly shows a bullish advantage, with short positions being driven down aggressively, and both sides are now locked in a standoff. The short-term volatility space is still quite large, and it has become a focus of close attention. How things will unfold next, everyone needs to keep a watchful eye.