COTI is showing something interesting this time 👀

It made a straight-volume surge on the 15-minute timeframe, with volume at 4.7 times the usual level, and OI also rising sharply along with it. Big players are really entering to build long positions here, not just talking about it.

Key data points: OI for the 15-minute contract is up 3.54%, and on the 1-hour timeframe it’s even up more than 6%, with notional change jumping to 686K. This abnormal percentile has already reached 99.6%, ranking 4th in the entire pool, which shows the whole market can feel its unusual move.

Aggressive buying is taking the lead, with a buy-sell ratio of 1.28, clearly showing the buyers are driving the move.

But let me remind you — this is already in an extreme historical range and among the top abnormal levels in the whole pool. This kind of setup can either surprise you or scare you. Places where leveraged longs are piling up have always been a double-edged sword 🚀

At $COTI , if you’re chasing higher prices, just keep your own risk in mind.