NFP sees both long and short liquidations, OI drops 90% from short-term peak

Odaily Odaily reports that on-chain analyst Sister Ai 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%, triggering short position liquidations; then within 6 hours this morning, it dropped 82.36%, triggering long position liquidations. After the double liquidation of both longs and shorts, OI has shrunk by 90% from its short-term high.