Bottom line: JASMY open interest fell 6.2% in a day, but short liquidations were higher over the past 24 hours, so dip sellers were squeezed out first.
Open interest across all exchanges is about $32.13 million, down 6.24% in the past 24 hours. Binance open interest is $3.74 million, down 8.5%; MEXC still accounts for 52.6%, but its open interest is also down 5.5%. Positions are being unwound across the board, suggesting leverage is cooling off.
Over the past 24 hours, $147,000 in JASMY positions were liquidated: $59,000 in shorts and $88,000 in longs, with longs accounting for 60%. This wasn’t a one-sided short squeeze—instead, longs took heavier losses. Be wary of pullbacks when chasing a rebound.
$JASMY
Open interest is falling, but longs are taking the first hit. Would you wait for positions to stabilize before entering?
View in real time: https://www.coinboss.com/currencies/JASMY