HOME climbed roughly
↗3.6%
over the past 24 hours despite a
↘8.0%
weekly decline, as short sellers paid premiums in a low-liquidity environment.
Mixed trading signals emerging
More people are selling than buying (1.56 times more sellers over the past 24 hours), yet short sellers are paying roughly 0.35% every 8 hours to maintain their positions.
Short sellers paying premiums
Activity in leveraged trading contracts rose roughly
↗7.3%
recently while the cost for betting against the price remained negative, meaning short sellers are paying a premium.
Limited supply in circulation
Only 43.1% of the total supply is currently available for trading, with very limited available trading volume (0.02% of market value) that can make price swings larger.
Selling pressure remains elevated
Ownership is well distributed with top holders controlling less than 1% of supply, while the buyer-seller ratio over the past 24 hours shows continued selling pressure.