KAIA has something going on here. It’s up 2.17% over 15m—not a huge move, but OI has been rising for several consecutive periods. Perpetuals are up 3.36% over 1h, with 898K U in notional volume coming in. Its anomaly percentile across the whole pool is 90.3%, putting it near the top of the rankings.

This doesn’t look like a one-candle spike that’s over and done with. Volume is 2.66x, the aggressive buy/sell ratio is 1.18, and the trade imbalance is 8.4%—more like fresh leveraged longs gradually moving in. 24h trading volume is 546M, with decent depth.

Keep an eye on OI and make sure it doesn’t drop. If it falls too fast, this was just a fake move.