Liquidation Skew vs Positioning Narrative

The distribution of open positions by price level, showing where the largest concentrations of forced-close triggers are located relative to current price; large clusters above current price represent potential short squeeze fuel; large clusters below represent potential long cascade triggers.

The Strategist agent's synthesis of the four DPF pillars into a coherent structural description of how leveraged market participants are positioned, included in per-asset analysis when derivatives data is present.