If you think buying the dip here is a genius move, prepare to lose absolutely everything. 📉
BNBUSDT
Διην.
579.08
-1.96%
USDT has slipped -3.72% to 574.360, and perma-bulls are getting ruthlessly slaughtered. 227 whales blindly bought this drop with 68.64M USDT and are currently drowning in a catastrophic -$8,902,650.37 of unrealized losses. Who is taking their money? The 422 whales holding 124.32M USDT in shorts, sitting on a massive +$14,750,613.71 profit. The Notional Long/Short ratio is stuck at 55.21%, showing false hope.
The big players are not done distributing their bags. I am going short to ride this violent downward momentum before the trapped longs completely capitulate!