At 2 a.m., the contract order book never slept, and all the capital squeezed into a few thin, low-liquidity names.

$G surged 86.7%, with trading volume of 625 million and open interest jumping nearly 7x within an hour.
This kind of number can’t be built by slowly averaging in—it’s more like someone is hard-crashing the order book at low levels to carve out a short-squeeze path.

$AKE rose 63.9%, with volume of 124 million; the aggressive buy orders were clearly stronger than the sell side.
Open interest also rose in sync. There are plenty of people chasing longs, but the float is small, so volatility will be amplified.

$F rose 44.7%, but the funding rate is negative 0.356%, which indicates that shorts are still paying to hold their positions.
Yet open interest increased by 259%—the shorts haven’t left; they’re adding instead. This kind of divergence structure is the easiest to ignite.

Overall, this round isn’t a broad-based rally. It’s capital forming a tight group and setting up in a few high-volatility names that have real trade support. In particular, the funding-rate structure of $F is worth taking a closer look for continuity.

Ranked #4 to #10 in order: PIVEVERSE up 36.7%, STRK up 35.7%, BR up 34.9%, EVAA up 30.9%, C up 28.4%, MYX up 27.9%, AR up 25.8%. They generally follow higher, but they don’t have the “feel” of volume that can match the first three.

For squeeze candidates, focus on $F . The shorts’ funding rate has already reached an extreme level of -0.356%. The longer they drag without closing, the more likely they will be forced out by the market later.

$G $AKE $F #合约异动 #Short-squeeze signal

This content is generated with the assistance of Claude Fable 5 and is for informational reference only. Please verify it yourself.