$ONE +34.9% in 24h and everyone calls it a squeeze. Wrong read on who is paying. Accounts are barely long, long/short at 1.23. The pain sits in perp positioning: funding -0.111% per 4h means shorts pay longs every settlement, and open interest grew 64% in 24h. Fuel, not exhaustion. $ONE to $0.00208. Below $0.00176 and I'm wrong. Which comes first, $0.00208 or $0.00176?