The market turned sharply lower, with every index price posting steep hourly losses. NFT_GAMING, Layer2, and LSD led the decline, each falling more than 50% in the past hour. The NFT_GAMING index price dropped 55.5%, Layer2 declined 52.9%, and LSD fell 52.6%. Losses also extended to AI (−48.03%), ORACLE_DATA (−46.0%), DEFI (−44.9%), MEMECOIN (−40.56%), PRIVACY (−20.3%), EXCHANGE (−18.7%), LAYER1 (−16.9%), and DIGITAL_ASSET (−10.9%).
Source:@Neda4_
Open interest also declined sharply in the past hour, signaling widespread position unwinding and liquidations across perps. The NFT_GAMING index OI decreased 62.8%, followed by Layer2 (−53.8%), LSD (−53.6%), AI (−52.8%), ORACLE_DATA (−50.6%), and DEFI (−48.0%). Other sectors, including PRIVACY (−43.6%), MEMECOIN (−37.9%), EXCHANGE (−29.1%), LAYER1 (−22.4%), and DIGITAL_ASSET (−19.97%), also recorded significant declines in open interest.
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