INJ Token Sees Divergent Sentiment as Smart Money Loads Up

The INJ token has been experiencing volatility in the past session, dropping by 5.2% to its daily low of $5.02.

This significant decline has led to a divergence between retail and institutional investors' sentiment.

Retail investors have been aggressively selling off their positions, resulting in a taker buy/sell ratio of 0.8953, while institutional players are quietly building up their long positions, with a ratio of 1.30.

The open interest has surged by 9.23% over the past 24 hours, indicating new positions being opened into weakness.

This accumulation against the retail flush suggests that smart money is loading up on INJ, while retail investors are dumping their holdings.