$SKYAI 24 hours down 30.31%, but the funding rate is still +0.1165%.\n\nThis is the squeeze play that seasoned traders know all too well: long accounts still hold 57.0%, still paying to maintain their positions, but OI has dropped by 25.7% in 24 hours, indicating it's not just a simple divergence but that leverage is being cut.\n\nWhat's even more striking is the Taker at only 0.74, indicating a bias towards selling in active trades, prices are falling → longs are paying up → OI is shrinking, the chain of events is quite straightforward, funds are not being passed on; they are retracting leverage.\n\nNext, we just need to look at one market question: will the funding rate of $SKYAI drop first, or will OI continue to shrink further? #SKYAI # contract data\n\nThis content was generated with the assistance of Claude Opus 4.8, for informational purposes only; please verify independently.