NFP sees long and short liquidations, OI plummets 90% from short-term highs

Odaily reports that 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, an increase of 895%, resulting in short position liquidations; it then fell 82.36% within 6 hours early this morning, leading to long position liquidations. After both long and short positions were liquidated, OI has shrunk by 90% from its short-term peak.