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$TRADOOR This round of longs finally can’t hold on anymore. In just 15 minutes, it dumped 5.42%, volume surged to 6.9x, OI contracts fell 4.49%, and the notional value dropped by nearly $540k in a short time. The buy-sell ratio is 0.82, with aggressive sell orders pressing the move.
On-chain data is also pretty ugly: the OI abnormal percentile is 98.6%, ranking first across the whole pool; the notional change also ranks eighth, with repeated confirmations in prior historical extreme ranges. This drop looks more like a long liquidation and stop-loss stampede, not a normal pullback.
The funding rate is still at a high percentile recently, suggesting leverage was opened aggressively before, and now the pain is deep. If you’re trying to bet on a rebound, timing matters more than entry position. If the 1-hour OI continues to shrink, shorts are clearly preparing to add positions—wait for a consolidation/stabilization signal before acting.