đŠ $SKHX SURGES 24% BUT OI CRASHES 27% â SMART MONEY JUST ROTATED OUT? âĄ
đ This rebound isn't what it looks like on the surface. SKHX spiked 24.4% to $1165.5 while open interest contracted 27.6% â a textbook short-covering squeeze layered with long profit-taking at the highs. đĄ
The largest SKHX long holder dumped 37,229 tokens entirely, pocketing ~$5.7M. Meanwhile, fresh longs quietly flowed into SNDK and SKHY, with funding rates easing back to neutral. đ
The real signal? Capital is rotating, not exiting the sector. đŹ Do you follow the flow into the new receiving nodes, or wait for SKHX to reset first? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #SKHX #OpenInterest #SmartMoney #Crypto #Deleveraging
đŠ đ
đ This rebound isn't what it looks like on the surface. SKHX spiked 24.4% to $1165.5 while open interest contracted 27.6% â a textbook short-covering squeeze layered with long profit-taking at the highs. đĄ
The largest SKHX long holder dumped 37,229 tokens entirely, pocketing ~$5.7M. Meanwhile, fresh longs quietly flowed into SNDK and SKHY, with funding rates easing back to neutral. đ
The real signal? Capital is rotating, not exiting the sector. đŹ Do you follow the flow into the new receiving nodes, or wait for SKHX to reset first? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #SKHX #OpenInterest #SmartMoney #Crypto #Deleveraging
đŠ đ