Tỷ lệ OI/M Cap của giao sau SAGA đạt 2.48, OI trong 24 giờ tăng 43%

The Huoxing Finance report states that, as of 14:13 Beijing time on May 26, according to Coinglass data, the total open interest for SAGA futures contracts is approximately $21.72 million, with a circulating market cap of about $8.77 million, pushing the OI/market cap ratio to around 2.48. Over the past 24 hours, SAGA futures open interest increased by approximately 43.1%, while the coin price rose by about 10.6%; the current weighted funding rate is approximately +0.0074%, remaining within a relatively moderate range. This structure indicates that SAGA derivative positions are significantly crowded relative to spot market cap, increasing short-term volatility risk. Note that a high OI/market cap ratio does not equate to one-sided bullish or bearish sentiment and may also trigger intense liquidations on both long and short sides.