$BEAT This 2.71% drop over 15m is nothing; the key is that OI has fallen hard—down 1.81% over 15m and already 2.09% over 1h, with nearly 900K U in notional value wiped out. Price down + OI down is a classic sign of longs being forced out, with stop-losses and deleveraging hitting at the same time.
The OI anomaly percentile is 100%, ranking first across the entire pool, and the move has continued for several periods. Volume is 4.63x normal—this isn’t noise; someone is really getting out. Taker flow is -11.7%, and the buy/sell ratio is 0.79, so selling pressure is clearly dominant.
24h trading volume is only a little over 20M, and the pool is shallow, so a notional move of this size will cause significant slippage. Don’t rush to buy the dip in the short term; wait for OI to stabilize first.
The OI anomaly percentile is 100%, ranking first across the entire pool, and the move has continued for several periods. Volume is 4.63x normal—this isn’t noise; someone is really getting out. Taker flow is -11.7%, and the buy/sell ratio is 0.79, so selling pressure is clearly dominant.
24h trading volume is only a little over 20M, and the pool is shallow, so a notional move of this size will cause significant slippage. Don’t rush to buy the dip in the short term; wait for OI to stabilize first.