Half the whales on $NIL are bleeding out in a massive trap, and nobody is talking about it!
While retail blindly chases the +24.90% green candle at 0.075340, a brutal war is unfolding behind the scenes. Out of 152 whales controlling $2.69M, the divide is shocking. 79 Long whales perfectly timed their entries at 0.064817 (holding $1.18M) and are currently bathing in over $165K of unrealized profits.
But look at the other side! 73 Short whales loaded up $1.50M in positions at 0.074037, completely misjudging this aggressive rally. They are currently trapped in the red, eating over -$26K in losses as a massive squeeze fuels the fire. The Notional Long/Short Ratio sits at a highly skewed 78.87%.
The shorts are suffocating, and their capitulation feels imminent. I am going long alongside the 79 profitable giants before the panic buying from these trapped shorts sends this completely to the moon!