TAKE’s open interest surged by 99.6% within an hour—its rise rate shot up to 55.2%. This is not a structure that’s just a quick pulse pull and then done.

Trading volume of 626 million is right there. The long/short ratio is 1.64, meaning the percentage of chasing longs is clearly dominant. The price range moved all the way from 0.5 to 2.1 cents, oscillating through the whole band; now it’s back around 0.9 cent, and the level itself already has a story.

NIL rose 26.7%, while open interest surged in tandem by 51.9%. The funding rate is positive like the main players, but given how fast the inflow came in, it suggests this wasn’t a slow buildup—it was concentrated attention focused within a short time.

SAGA rose 26.3%. Structurally it’s steadier than the first two: open interest increased 29.8%, and the long/short ratio is 1.19. It’s not as extreme—more like following the move, rather than being forcefully pulled up by capital.

Among the three coins, TAKE has both the most extreme open-interest surge and the most extreme long/short ratio. Which direction this structure continues to move is worth watching separately.

Rank 4 to 10: <c-1/> Lobster up 16.9%, BTW up 16.3%, SUPER up 15.7%, NOM up 14.4%, RAYSOL up 13.9%, CAP up 12.9%, FIGHT up 12.7%. The heat distribution is fairly even, with no obvious second-group gap.

On the decliners: MUBARAK fell 32.5%, with open interest also dropping 40.4%. Sell-side orders are dominant, indicating capital is withdrawing—not just being dumped on. FLOCK fell 20.8%, and its long/short ratio is only 0.74, with shorts clearly in control.

TAKE and NIL are both on the squeeze-candidate list. The speed at which open interest is flowing in is the most worth watching aspect for these two coins. Once this structure drags on too long, it tends to get amplified.

$TAKE $NIL $SAGA # Contract abnormal movement

Compiled with the help of Claude Fable 5. For informational reference only—please verify independently.