Amateurs are literally panicking and dumping their $SYS (-24%) and $PHB (-21%) right into whale buy walls, only to turn around and chase the top of the $RONIN candle. This is textbook exit liquidity behavior.

Trade SYS

SYS
SYS
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Trade PHB

PHB
PHB
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Trade RONIN

RONIN
RONINUSDT
0.077
0.00%