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$RONIN The top spot changes hands, continuing to accelerate
30 minutes ago, the first was still DOGS,
Now RONIN+36.92% takes over.
Open interest 24h went from +81.2% to +501.2%,
Indicating the new position is not a test, but an entry rush.
Funding rate went from +0.005%
Down to -0.683%,
Four consecutive periods of short paying.
Open interest 1h went from +5.0% to +11.6%,
Short squeeze fuel is still increasing.
But the premium is -3.29%,
Longs account for 57%.
If open interest declines and the rate turns positive,
This wave may shift from a squeeze to distribution.
$RONIN Is this the second half of the short squeeze?
Generated using Claude Opus 4.7 model. Claude is AI and can make mistakes. Please double-check responses.