7.7 hours ago, the $EVAA that was watched closely was realized, with the price rising from 0.8522 to 0.9177, continuing to climb 7.69% after T0.

The most critical point is that funds did not withdraw but continued to enter the market.
Open interest (OI) increased from $12.4M to $14.2M, a rise of 14.23%, and the 24-hour OI change expanded from +346.0% to +433.0%.
This is not just a simple price fluctuation, but positions are still being accumulated.
Trading volume also increased, with transaction value rising from $275.1M to $535.2M, an increase of 94.58%.
Taker fee rate rose from 0.98 to 1.10, indicating that active trading shifted from a balanced state to a slightly bullish bias.
However, the 24-hour price increase dropped from 108.21% back to 96.3%, showing that the high level is no longer an unstoppable one-way surge.
Funding rates have cooled significantly.
From +0.0748% down to +0.0111%, a decrease of 0.0637 percentage points, but it remains in an eight-period streak of long-side paying.
Long position cost pressure is no longer as exaggerated as before, but the shadow of crowded trading still exists.
The long-short structure is even more interesting.
Retail long-short ratio is 0.54, with only 35% long, and the top account long-short ratio is still 1.15.
This means the market is still hot, positions are still increasing, but retail traders are not collectively chasing in one direction.
The conclusion from this review is straightforward: $EVAA has been realized, but it has already entered a high-position fund game zone, no longer in the cold start phase.
Prices have been realized, OI has followed, and funding rates have cooled, but the real risk lies in the volatility amplified by continued position stacking.
#EVAA
Generated using the Claude Fable 5 model. Claude is AI and can make mistakes. Please double-check responses.