$HEMI has seen a sharp move in the past hour!

According to open interest data from a leading exchange, HEMI's OI surged 11.5% in the past hour, with the token price climbing 12.2% simultaneously. Currently, open interest has reached $5 million, and the OI to market cap ratio is as high as 30%—this number indicates a highly active leveraged sentiment in the market.

Looking at the 24-hour performance, the price has already skyrocketed 34.1%. From a capital perspective, $HEMI ’s current market cap is around $17 million, making it a small-cap asset with naturally higher volatility.

Such simultaneous surges in OI and price often suggest that big money is positioning. Short-term traders can keep an eye on this, but the risks associated with small-cap tokens should not be ignored—make sure to manage your position size.