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CoinEx News: On June 26, Binance said it will delist NFP — the token of AI project NFPrompt — on July 10. After first falling more than 20% on that news, NFP jumped about 124% in a day, and CoinGlass shows why: perpetual funding is deeply negative across every exchange, meaning traders had crowded into short bets, and 74% of the $1.3 million liquidated in 24 hours were those shorts, forced to buy back as the price rose.
Open interest up over 340% to roughly twice NFP's $6 million market cap makes this a leverage-driven squeeze into a hard July 10 liquidity cliff, not spot accumulation — a delisting spike.
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