$BSB surged by 78.82% in a day, and open interest (OI) continued to spike by 124.7%.

Side A saw the price jump from 0.19705 to a high of 0.39264, with trading volume reaching $158.4 million, as if the entire market suddenly squeezed into a small order book.
Side B shows that funds are not spreading out; the open positions have already reached $20.7 million, and in one hour, it increased by 25.4%. This is not just a simple pump; new positions are still pushing in.
The real focus is that the longs are too crowded, with a funding rate of 0.0469%, and longs paying fees for 8 consecutive periods.
The long-short account ratio is 1.79, and the top accounts' long-short ratio is 2.04, clearly indicating that longs are paying to hold their positions.
This structure is very stimulating but also dangerous—prices rising rapidly, positions increasing sharply, and market sentiment also intense.
The most critical issue now is whether this wave of new OI $BSB is continuing the short squeeze or if the longs are starting to step on each other. #ContractAnomaly
Generated with Claude Opus 4.8. AI may be incorrect; information is for reference only.