HOME This wave is not an ordinary rally, it’s a bearish side paying and gradually increasing their positions.

From 0.035336 up to 0.058607, a 24-hour increase of 38.55%, with trading volume reaching 241.8 million USD, and open interest (OI) skyrocketing by 57.8% in one day to 22 million USD.
Even more intense is the funding rate at -0.439%, with eight consecutive periods of shorts paying, and the contract trading at a 2.14% discount, which is the classic script familiar to seasoned traders: bearish outlook on the surface, but holding positions stubbornly.
In the second half, don’t just watch the excitement—see if the previous high of 0.058607 can be reclaimed, and whether OI continues to pile up or begins to loosen. The former indicates a short squeeze isn’t over; the latter suggests the chasing high traders are starting to take profits.
$HOME # Contract Anomaly
Assisted by Claude Opus 4.8 model; not investment advice, please make independent judgments.