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$EDEN Accelerating to the top of the leaderboard
The biggest change isn't the increase in price
It's the top switching from NIL to EDEN
Hotspots switch hands within 30 minutes
Open Interest from $12.5M to $18.3M
Positions continue to flow in
Fee rate from -0.0075% to -0.0199%
The premium is deeper, shorts are more squeezed
Longs' share drops from 46% to 40%
But the price is still surging
This is the most dangerous sign of a short squeeze
If Open Interest declines, fee rates recover
And it falls back below 0.08
The trend will start to change direction
$EDEN Is this a short squeeze or a dump?