$Lobster price plunges 35.272% in 24 hours to 0.10506, while the funding rate remains positive at 0.00126469 during the same period.
From a political risk perspective, the current price crash combined with abnormal funding rates points to an extremely high liquidation risk for $Lobster, indicating a fragile market leverage structure.
The evidence chain is based on the price change and funding rate: the price fell 35.272% within 24 hours, while the funding rate is 0.00126469 (positive), showing that long positions are still paying fees. Coupled with the sharp drop in price, this implies that highly leveraged long positions are being squeezed rapidly. The OI data is 287306302, but the contract’s valuation unit for open positions is unclear, so it cannot be directly compared with the price, and thus is not used as a strong basis for assessing intensity.
Strong counterevidence: If there is a significant short squeeze or a short-term rebound driven by politically favorable news, the funding rate could quickly turn negative; a price rebound would ease liquidation pressure.
Second-order effects: Long liquidations will trigger forced selling, causing the price to fall further and liquidity to be drained. While short sellers taking profits may slow the decline, market depth has already been damaged.
Invalidation conditions: When the price rebounds and holds above 0.10506, and the funding rate continues to drop to below 0, the above risk assessment becomes invalid.
Action: Do not touch the $Lobster contract for now.
From a political risk perspective, the current price crash combined with abnormal funding rates points to an extremely high liquidation risk for $Lobster, indicating a fragile market leverage structure.
The evidence chain is based on the price change and funding rate: the price fell 35.272% within 24 hours, while the funding rate is 0.00126469 (positive), showing that long positions are still paying fees. Coupled with the sharp drop in price, this implies that highly leveraged long positions are being squeezed rapidly. The OI data is 287306302, but the contract’s valuation unit for open positions is unclear, so it cannot be directly compared with the price, and thus is not used as a strong basis for assessing intensity.
Strong counterevidence: If there is a significant short squeeze or a short-term rebound driven by politically favorable news, the funding rate could quickly turn negative; a price rebound would ease liquidation pressure.
Second-order effects: Long liquidations will trigger forced selling, causing the price to fall further and liquidity to be drained. While short sellers taking profits may slow the decline, market depth has already been damaged.
Invalidation conditions: When the price rebounds and holds above 0.10506, and the funding rate continues to drop to below 0, the above risk assessment becomes invalid.
Action: Do not touch the $Lobster contract for now.