LIGHT has recently shown interesting market signals. The open interest of this coin's contracts surged by 12% in just one hour, while the price during the same period declined by 15.2%. This inverse fluctuation usually indicates divergent expectations among market participants.

Specifically, the current open interest for LIGHT has reached $9.9 million, accounting for 51.3% of its $19 million market cap — a quite high ratio, indicating that market leverage positions are quite concentrated. The price has already fallen by 19.4% over the past 24 hours, indicating a significant downtrend.

From a technical perspective, when open interest and price diverge in such situations, it often signals that the market may be brewing a change. The combination of increasing open interest and falling price typically reflects active short positions or forced long liquidations. For traders, such anomalies warrant close attention, as they may present short-term opportunities.