$AGLD Open Interest Surges Over 50% in 24 Hours — What’s Really Happening?
$AGLD , the governance token of the Loot ecosystem, is seeing an unusual surge in derivatives activity, accompanied by a sharp price move.
In the past 24 hours:
Open Interest jumped over 50%
Price rallied more than 50%
Peak intraday volatility exceeded 40% within a single hour
Net capital inflow reached approximately $20M
This was not a slow accumulation phase.
This was fast, aggressive positioning.
📊 Leverage Is Expanding Faster Than Price
One metric stands out:
Open Interest relative to market capitalization is ap