$NEAR WHALE SHORTS HOLD 3.1M IN UNREALIZED PROFIT AT 83.2% GAIN 🔥
Entry: 2.07 🔥
Large short positions on $NEAR are sitting on massive unrealized profits with an average entry of 2.07. When concentrated liquidity at a level reaches this level of profitability, distribution or a sweep becomes increasingly probable. The structure suggests shorts are deep in profit, which often precedes a liquidity hunt or a reversal attempt as these positions begin to scale out.
The key question is whether 2.07 will hold as resistance or if spot demand will absorb the supply. Are you watching for a sweep or positioning with the shorts here?
Not financial advice. Always manage your risk.
#NEAR #ShortSetup #WhaleActivity #Liquidity
🔥
Entry: 2.07 🔥
Large short positions on $NEAR are sitting on massive unrealized profits with an average entry of 2.07. When concentrated liquidity at a level reaches this level of profitability, distribution or a sweep becomes increasingly probable. The structure suggests shorts are deep in profit, which often precedes a liquidity hunt or a reversal attempt as these positions begin to scale out.
The key question is whether 2.07 will hold as resistance or if spot demand will absorb the supply. Are you watching for a sweep or positioning with the shorts here?
Not financial advice. Always manage your risk.
#NEAR #ShortSetup #WhaleActivity #Liquidity
🔥