This move from Hakimi looks a bit ugly.
In the 15m timeframe, it dumped straight down by 2.78%, while volume surged to 2.3x. The Z score hit 2.47—this isn’t normal rotation; it looks like someone is unloading. The closing price broke below the lower band of the last 20 or so 5m candles. Active trading volume was down -41.4%, and the buy/sell ratio was 0.41—sell walls are crushing it.
The key is that OI is falling too. For the 15m contract, OI is -0.10%; for the 1h, it’s -0.12%. Combined nominal changes add up to over 500k U being pulled out. Price is down and OI is down—classic deleveraging rhythm. This isn’t a fresh short entry; it’s longs either cutting losses or getting force-liquidated. The abnormal percentile is 90.1%, with the whole pool ranking at #22. When you see an abnormal that persists across several consecutive cycles, it usually doesn’t end in a single candle.
The 24h trading value is only 7.68M, so the pool isn’t deep. At this scale, withdrawing liquidity like this is enough to punch a dip into the price. Don’t rush in—wait for OI to stabilize first.
In the 15m timeframe, it dumped straight down by 2.78%, while volume surged to 2.3x. The Z score hit 2.47—this isn’t normal rotation; it looks like someone is unloading. The closing price broke below the lower band of the last 20 or so 5m candles. Active trading volume was down -41.4%, and the buy/sell ratio was 0.41—sell walls are crushing it.
The key is that OI is falling too. For the 15m contract, OI is -0.10%; for the 1h, it’s -0.12%. Combined nominal changes add up to over 500k U being pulled out. Price is down and OI is down—classic deleveraging rhythm. This isn’t a fresh short entry; it’s longs either cutting losses or getting force-liquidated. The abnormal percentile is 90.1%, with the whole pool ranking at #22. When you see an abnormal that persists across several consecutive cycles, it usually doesn’t end in a single candle.
The 24h trading value is only 7.68M, so the pool isn’t deep. At this scale, withdrawing liquidity like this is enough to punch a dip into the price. Don’t rush in—wait for OI to stabilize first.