$JUP 15m saw a pretty decisive dump, with volume surging to 3.53x and price dropping 1.40%, then breaking below the lower end of the last 20 5m candles.

More interestingly, OI is also falling: -0.85% over 1h, or -573K in notional terms. This doesn’t look like a dump driven by fresh shorts entering; it looks more like longs stopping out, deleveraging, and reducing positions. Aggressive trade flow was -21.7%, with a buy/sell ratio of 0.64—sellers were in control, but there’s no sign of shorts aggressively adding to their positions.

The anomaly percentile across the full pool is 81.7%, ranking #22, with the notional change at #25 and 24h trading volume at 47.58M. It’s not exactly a major event, but structurally, this is a breakdown worth watching. If it’s just deleveraging, the dump could turn out to be a dip; if OI keeps falling and price still can’t recover, that’s another story.

For now, just watch—don’t rush to buy the dip.