This MAGMA data is starting to get interesting.
At 2026-10-13 02:00 Beijing time, $MAGMA triggered a contract-structure record: OI declined for 3 consecutive 2H periods. This wasn’t a move caused by a price plunge; open interest steadily decreased across three consecutive 2-hour windows.
Here are the numbers: the current observation level is 0.22621, OI is down 2.0% over 6 hours and 0.4% over 2 hours, and 6-hour OI Flow is -97279.3 USD. Meanwhile, price is up +1.3%, and the 2-hour volume ratio is 0.9.
In other words, the price hasn’t fallen, but leveraged positions are being unwound. This kind of “steady price, falling OI” combination usually suggests that the composition of market participants is quietly changing, rather than simply indicating a directional market move. No condition for 3 consecutive 2H OI Flow periods has been recorded, so this is only an observation of a contraction in open interest and does not imply a directional outlook.
$MAGMA #MAGMA #BinanceSquare
📌 Verifiable record
Type: OI declined for 3 consecutive 2H periods
Record time: 2026-10-13 02:00 +0800
Recorded level: 0.22621
Price 6H: +1.3%
OI 2H: -0.4%
OI 6H: -2.0%
OI Flow 6H: -97279.3
Vol 2H: 0.9x
Full anomaly data: perppulse.xyz
At 2026-10-13 02:00 Beijing time, $MAGMA triggered a contract-structure record: OI declined for 3 consecutive 2H periods. This wasn’t a move caused by a price plunge; open interest steadily decreased across three consecutive 2-hour windows.
Here are the numbers: the current observation level is 0.22621, OI is down 2.0% over 6 hours and 0.4% over 2 hours, and 6-hour OI Flow is -97279.3 USD. Meanwhile, price is up +1.3%, and the 2-hour volume ratio is 0.9.
In other words, the price hasn’t fallen, but leveraged positions are being unwound. This kind of “steady price, falling OI” combination usually suggests that the composition of market participants is quietly changing, rather than simply indicating a directional market move. No condition for 3 consecutive 2H OI Flow periods has been recorded, so this is only an observation of a contraction in open interest and does not imply a directional outlook.
$MAGMA #MAGMA #BinanceSquare
📌 Verifiable record
Type: OI declined for 3 consecutive 2H periods
Record time: 2026-10-13 02:00 +0800
Recorded level: 0.22621
Price 6H: +1.3%
OI 2H: -0.4%
OI 6H: -2.0%
OI Flow 6H: -97279.3
Vol 2H: 0.9x
Full anomaly data: perppulse.xyz