$WAL |15-minute open interest +74.12%|Price +0.91%
Before looking at fund flows, first understand open interest.
Futures open interest reflects both leverage and hedging demand, and some positions are held solely to hedge spot risk.
Open interest varies greatly from coin to coin. Short-term changes of tens of percent are not unusual for smaller coins, but changes of the same magnitude are much rarer for major coins.
Don’t chase a trade at the most volatile moment. Wait for the candlestick to close before deciding.