$SAND This position is getting interesting.

In 15m: up 0.97%, the volume surged straight to 4.54x. The buy/sell ratio is 2.33. OI is up +2.06% in one hour and +2.29% in 15m. The abnormal percentile is 99.6%, the #1 in the entire pool.

This isn’t the kind where a single spike pokes in and it’s over. The OI has been building for several consecutive cycles, and the price is moving upward along with it—new leveraged longs are coming in, and they’re doing it decisively.

SAND itself is already trading right along its historical extreme range. To add leverage this aggressively at this level means either someone saw something, or this is the final big push. 24h trading volume is only a little over 10M, the pool isn’t deep. Putting this kind of OI growth into this liquidity can make volatility feel especially uncomfortable.

Just keep watching—see if this leverage wave can continue. I don’t chase highs.