$FOGO This drop is interesting: the price fell 3.34%, but OI shrank at the same time, down 6.86% in 1 hour, with notional value dropping by 262K. This suggests long stop-losses or active deleveraging rather than new shorts piling in to drive the price down. The taker flow balance is -23.5%, the buy/sell ratio is 0.62, and the funding rate is still in a high percentile compared with recent levels—long positioning is indeed crowded and could use a shakeout. OI's anomaly percentile ranks #2 across the entire pool at 92.9%. Short-term liquidity is drying up fast; let's see whether things can stabilize after this round of leverage is flushed out.