Story Highlights* Omni Network price surged 164% in a single day as $3.8M in short positions were liquidated.
Derivatives volume hit $922M, with open interest soaring 300%, despite largely negative funding.
Overbought RSI and Bollinger Band breakout suggest volatility ahead amid Ethereum L2 hype.
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Omni Network Price Skyrockets 164%, Should You Buy Now?
Story Highlights* Omni Network price surged 164% in a single day as $3.8M in short positions were liquidated.