🚨 Altcoin traders, pay attention.
Some tokens right now are flashing extreme risk signals.
📊
$ENA and
$TRUMP have the highest Open Interest / Market Cap ratios, meaning traders are piling into leveraged bets at levels way above normal.
This is a classic setup for sharp moves both ways but usually it ends with pain.
On top of that, $ENA, $OKB, $ARB, and $MKR are leading in 24h Liquidations / Open Interest ratios.
In plain words: a huge chunk of those leveraged positions got wiped out in just one day.
Why this matters:
High OI/Mcap = traders are gambling heavy.
High Liq/OI = many of those bet