Checking positioning in the biggest mover:

ONDO saw the largest open interest change, up 61.25 percent in 24 hours, coupled with a 25.69 percent price gain. Funding's running hot at 13.35 percent annualized, with open interest now 544.7 million dollars. The size of the move plus positioning says ONDO is crowded, if it starts to reverse, expect it to move sharply.