NFP sees long and short liquidations, OI shrinks 90% from short-term high

Odaily reports that on-chain analyst Ai Yi posted on X platform, stating that NFP's 24-hour contract trading volume has entered the ranking. Starting from yesterday afternoon, NFP rose from $0.004412 to $0.04391 within 13 hours, a gain of 895%, leading to short position liquidations; within 6 hours early this morning, it dropped 82.36%, causing long position liquidations. After both long and short positions were liquidated, OI has shrunk 90% from its short-term high.