$CELO The record came first; the outcome came later.

At 04:00 +0800 on October 13, the CELO contract met the criteria for an “OI down 3×2H” record: open interest had declined for three consecutive 2-hour windows. The observed price was 0.094, with OI totaling approximately $1,848,577.04.

What matters here is not the price itself, but the change in structure: 2-hour OI change was -0.2%, 6-hour OI change was -3.4%, while the price changed -1.3% over the same 6-hour period. Volume failed to keep pace: the 2-hour volume ratio was just 0.3, indicating that this contraction in open interest was not driven by a surge in trading volume.

The value of this kind of record lies in its timing—it was recorded before the price outcome became clear. Whether open interest continues to contract or stabilizes afterward is something the subsequent data will have to answer.

#CELO #Contract Anomaly

📌 Verifiable record
Type: OI down 3×2H
Record time: 2026-10-13 04:00 +0800
Recorded price: 0.094
Price 6H: -1.3%
OI 2H: -0.2%
OI 6H: -3.4%
OI Flow 6H: -65233.5
Vol 2H: 0.3x

Full anomaly data: perppulse.xyz