$EPIC saw a sharp drop over the past 15 minutes: down 5.25%, with volume expanding to more than twice its usual level. The price fell straight through the lower bound of the past 20 five-minute candles. Interestingly, OI also declined at the same time—down 2.22% for 15-minute contracts and 1.57% over 1 hour. Falling prices alongside shrinking open interest look more like longs deleveraging or exiting via stop-losses than a major buildup of short positions. The net aggressive trade flow was -35.4%, and the buy/sell ratio was 0.48, so selling pressure is indeed skewed toward aggressive sellers. However, the OI anomaly percentile is 94.8%, ranking fifth across the entire pool, which means this rate of position contraction is relatively unusual. The 24-hour trading volume is still 75.9M, so liquidity is not drying up. For now, it looks like positions are being flushed out; let's wait for signs of stabilization before seeing whether buyers step in.