$H This wave is not a rise, it's a short squeeze.


It surged 73.78% in 24 hours,
reached a high of 0.81776,
with a trading volume of 313 million dollars.
Even stranger:
Open Interest increased by 44.7% in one day,
but in the last hour, it reversed by 8.5%.
After new positions came in,
some people are already starting to withdraw.
Funding rate +0.312%,
longs paid for 8 consecutive periods.
Retail traders only 38% long,
indicating most are still afraid of the high,
but the market is being driven by leverage.
$H $BTC @E0# Contract anomalies
Is this structure of long paying and decreasing OI a wash or a distribution?
Generated with Claude Opus 4.8. AI may be incorrect, information for reference only.
BTC-1.3%
ETH-2.01%
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