NFP experiences long and short squeezes, OI drops 90% from recent high

Odaily Planet Daily News: On-chain analyst Ai Yi posted on platform X, stating that NFP's 24-hour contract trading volume has entered the rankings. Since yesterday afternoon, NFP rose from $0.004412 to $0.04391 within 13 hours, a gain of 895%, leading to short positions being liquidated. Within 6 hours this morning, it fell by 82.36%, causing long positions to be liquidated. After the long and short squeeze, OI has shrunk by 90% from its short-term high.