$BAT has something going on.
It just ripped 3.67% in 15m, volume exploded to 19x, OI was up 9.91% in an hour, and notional change was +27%. Open interest also rose 7% in 15m. Price is up and open interest is up—a classic sign of leveraged longs piling in, not a hollow rally driven by short covering.
Its anomaly percentile hit 100%, ranking #3 across the entire pool, and the move has continued for several periods. The taker buy/sell ratio is 1.25, with buyers driving the move. Funding has also reached a recent high percentile, suggesting bullish sentiment is already getting crowded.
BAT is an old coin that usually flies under the radar, but when it starts moving, the action is often extreme. It’s now near its own historical extremes. If you’re thinking of chasing longs, think carefully—this setup could either keep squeezing shorts or unwind in a sharp wick that wipes out leveraged positions.
I’m not in a position; just watching. When a token ranks this high among the pool’s anomalies, I’ll wait and let it show its hand.
It just ripped 3.67% in 15m, volume exploded to 19x, OI was up 9.91% in an hour, and notional change was +27%. Open interest also rose 7% in 15m. Price is up and open interest is up—a classic sign of leveraged longs piling in, not a hollow rally driven by short covering.
Its anomaly percentile hit 100%, ranking #3 across the entire pool, and the move has continued for several periods. The taker buy/sell ratio is 1.25, with buyers driving the move. Funding has also reached a recent high percentile, suggesting bullish sentiment is already getting crowded.
BAT is an old coin that usually flies under the radar, but when it starts moving, the action is often extreme. It’s now near its own historical extremes. If you’re thinking of chasing longs, think carefully—this setup could either keep squeezing shorts or unwind in a sharp wick that wipes out leveraged positions.
I’m not in a position; just watching. When a token ranks this high among the pool’s anomalies, I’ll wait and let it show its hand.