💥 The absolute worst time to short a parabolic rally is when the whales holding the bag are already deeply bleeding. Right now, $VELVET

VELVETBSC
VELVETUSDT
0.79253
+153.39%

is up a staggering +127.92%, trading at 0.9337700 USDT, and 80 short-selling whales are completely trapped in a massive $3.2M unrealized loss with an average entry way down at 0.3352190 USDT. Meanwhile, 74 long whales are sitting comfortably on $3.89M in profit from a 0.4798954 USDT entry. With a heavily skewed Notional Long/Short ratio of 160.16% and a punishing 0.0561% funding rate, I am watching for the ultimate short squeeze to trigger before even thinking about stepping in front of this freight train.