🚨 $TLM sudden long liquidation!

02:14 Asian session: TLMUSDT’s 15-minute price drops 1.67%, while open interest plunges in tandem by 4.75%; nominal position value evaporates by 430,000 U in an instant.

This is not a shakeout—this is real deleveraging.

- OI anomalous percentile surges to 96.4%, ranking #16 in the whole pool’s anomalies; nominal change jumps into Top 11
- Funding rate at elevated levels issues a warning; longs remain under continuous pressure across multiple cycles
- Active trade volume spread at -9.3%, with buy-side power severely absent—this is the true signal from the tape

Long-side capital is actively withdrawing, not being passively added. In the next hour, if OI cuts another 5%, the ammo depot keeps shrinking.

24-hour trading volume is $160 million—active, but the direction has already turned yellow.

⚠️ With market sentiment escalating, don’t bet on a reversal when liquidity is drying up.