The market is actively hunting bears for sport, and this chart is the absolute slaughterhouse. 🩸
Look at the sheer absurdity happening on $BTW
USDT. The token has ripped +11.78% to hit 0.1002000, and the institutional money is completely abandoning the short side. Out of 161 active whales, 94 have loaded up an absolutely massive 19.55M USDT in long positions. Because they perfectly timed their 0.0628054 entries, they are currently sitting on a jaw-dropping +$7,296,474.72 in pure unrealized profit.
Meanwhile, the 67 delusional whales who tried to step in front of this pump with 2.31M USDT in shorts are getting violently chopped up, bleeding -$246,012.00. With the Notional Long/Short ratio exploding to a practically unheard-of 845.74%, the buying pressure is suffocating. The bears are trapped and acting as literal exit liquidity. I am going long to ride alongside the heavy hitters before this wealth transfer is completely over!