Analysis: There is a difference between SOL off-chain and on-chain OI, and continued divergence may indicate price correction

Odaily News Researcher Nazri YuX cited Laevitas data and said: “There is an interesting difference between SOL’s off-chain OI and on-chain OI (see: data from January 13 to January 17)
Off-chain: Price rises, OI rises → strong bullish momentum;
On-chain: Price up, OI down → unsustainable rally.
This continued divergence may be worth watching to spot a price correction.”