$VVV This 15m move looks a bit off. Price got slammed 2.34%, volume jumped straight to 2.35x normal, but OI is rising instead—1h +0.83%, 15m +0.56%, while notional is still negative. Price down + OI up looks more like new shorts entering with leverage, not just a cascade of long liquidations.
Aggressor flow is -11.9%, the buy/sell ratio is 0.79, and selling pressure is clearly dominant. The close also fell below the lower bound of the last 20 or so 5m candles. Funding is sitting in a high recent percentile, so it’s not cheap for shorts to enter right now. But the abnormal percentile is 86.3%, ranked #35 across the whole pool, which suggests this isn’t just about VVV—the whole pool is moving.
24h trading volume is just over 44M, and liquidity is sufficient. Be careful chasing shorts here; a sharp wick and rebound could catch you out. First, watch whether price can reclaim the lower end of this range. If it can’t, there’s a decent chance leveraged shorts will keep adding to their positions.
Aggressor flow is -11.9%, the buy/sell ratio is 0.79, and selling pressure is clearly dominant. The close also fell below the lower bound of the last 20 or so 5m candles. Funding is sitting in a high recent percentile, so it’s not cheap for shorts to enter right now. But the abnormal percentile is 86.3%, ranked #35 across the whole pool, which suggests this isn’t just about VVV—the whole pool is moving.
24h trading volume is just over 44M, and liquidity is sufficient. Be careful chasing shorts here; a sharp wick and rebound could catch you out. First, watch whether price can reclaim the lower end of this range. If it can’t, there’s a decent chance leveraged shorts will keep adding to their positions.
