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Analysis: There is a difference between SOL's off-chain and on-chain OI, continuous divergence may indicate price correction

Analysis: There is a difference between SOL's off-chain and on-chain OI, continuous divergence may indicate price correction

Bitget2025/02/09 05:51

Researcher Nazri cited Laevitas data at X, stating: "There is an interesting difference between the off-chain OI and on-chain OI of SOL (see data from January 13 to January 17)
Off-chain: Price rises, OI increases → strong bullish momentum;
On-chain: Price rises, OI decreases → unsustainable rebound.
This continuous divergence may be worth paying attention to for price correction."

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