IREN open interest −11.3% over 1h as price rises: short covering, not fresh buying
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An open-interest jump does not show whether price will rise or fall; wait for price to choose a direction.
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Tracked whales contributed 38.9% (net change +$256.3K)
Price since signal+0.3%25.64 → 25.71 · 2h ago
After 4h / 24hUnder 4h
Funding+0.0034%/hAnnualized +30.1% · Longs pay shorts · Open interest $5.68M · Price change +1.0%
Tracked whales on IREN
Tracked pool · 4 current addressesLong $444.93K · 1Short $90.24K · 3
TraderPositionUnrealized PnL
ETH Swing Trader #30Long $444.93K · 10xEntry 28.87 · Liq. 22.71 (11.7%)−$54.71K
SNDK HFT Trader #2Short $66.4K · 3xEntry 26.33 · Liq. 33.46 (30.1%)+$1.61K
UNI HFT Trader #2Short $23.79K · 10xEntry 31.74 · Liq. 63.10 (145.4%)+$5.58K
BMNR BearShort $46 · 5xEntry 28.25 · Liq. 29.60 (15.1%)+$5
Prior open interest$6.34M
Tracked-wallet change+$256.3K
Tracked attribution38.9%
Largest single wallet+$256.3K
Signals cover 404 whale wallets in the engine's tracked pool. Profiles use the Hyperliquid fills available to the engine. · Signals use the public Hyperliquid API. Nicknames describe trading style, not identity; profiles and tags are calculated from available fills.