$GTC Accelerating upward, the top spot changes hands


30 minutes ago, LAB was still first,
Now GTC has risen 70.19% to reach the top.
The biggest anomaly isn't the increase,
It's the fee rate crashing to -0.809%.
Open interest (OI) over 24 hours went from +61.2%
To +432.2%,
Indicating a surge of positions entering the market.
But 1-hour OI went from -1.9%
To -7.5%, short-term positions are withdrawing.
The fee rate went from +0.077%
To -0.809%,
Indicating a reversal in bullish and bearish directions.
The short sellers are still paying fees,
The squeeze is very strong.
The counter-evidence is simple:
When the fee rate turns positive again and OI continues to decline,
The price falls back below 0.175,
And the squeeze turns into distribution.
$GTC Do you think the shorts will explode, or will the whales dump first?
Generated using Claude Opus 4.7 model. Claude is AI and may make mistakes. Please double-check responses.
LAB-4.72%
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