# KORU Drops 22.45% as 88.8% of Binance Global Accounts Were Long By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/50145 Published: 2026-11-06T14:26:52.000Z Updated: 2026-11-06T14:26:52.000Z Section: Investing > KORU traded below its seven-day, 20-day and 50-day averages, while Binance Futures open interest fell 12.1% to $85.47 million. Direxion South Korea Bull 3X Tokenized ETF (KORU) fell 22.45% in a 24-hour snapshot Friday as Binance Futures open interest dropped and Binance global accounts were mostly long. In the Friday 24-hour snapshot, KORU was at $7.29 after trading between $6.09 and $9.49. It was below its seven-day simple moving average of $9.64, 20-day average of $10.70 and 50-day average of $15.79. Binance Futures volume reached $2.83 billion over 24 hours, while open interest fell 12.1% to $85.47 million. At 4 a.m. ET (09:00 UTC), Binance global accounts were 88.8% long and 11.2% short. Top traders were 91.2% long and 8.8% short. Those ratios describe Binance cohorts, not the broader market. The eight-hour funding rate was positive at 0.0217%, meaning traders with long positions paid those with short positions. KORU’s earlier [Thursday snapshot]() showed a 15.97% decline to $9.42, with open interest up 9.35%. ## Links in this article - [Thursday snapshot](https://www.tokenpost.com/news/investing/49341)