The biggest single wealth transfer this week is happening right now, and everyone is completely oblivious to it! A massive short trade just went down on $BTC !
Don’t let this slight bounce of +0.77% fool you into buying the trap at 63,415.00. A formidable and elite army of 996 institutional whales is fully in control of this trend. They are holding incredible short positions worth 2.64 billion USDT and are quietly sitting on astronomical unrealized profits exceeding +167.14 million dollars! A staggering 71.98% of them are currently in huge profit territory.
Check out the disastrous distribution on the other side: the long/short ratio is buried at a pitiful level of just 26.83%. There are 437 whales in long positions completely underwater, choking under an ugly loss of -120.25 million dollars with a high entry price average of 74,154.20 USDT. A mere 27.00% of the bulls are currently surviving. Smart money is pushing this market straight to the bottom, and I’m riding this bearish wave all the way to the bitter end.
Don’t let this slight bounce of +0.77% fool you into buying the trap at 63,415.00. A formidable and elite army of 996 institutional whales is fully in control of this trend. They are holding incredible short positions worth 2.64 billion USDT and are quietly sitting on astronomical unrealized profits exceeding +167.14 million dollars! A staggering 71.98% of them are currently in huge profit territory.
Check out the disastrous distribution on the other side: the long/short ratio is buried at a pitiful level of just 26.83%. There are 437 whales in long positions completely underwater, choking under an ugly loss of -120.25 million dollars with a high entry price average of 74,154.20 USDT. A mere 27.00% of the bulls are currently surviving. Smart money is pushing this market straight to the bottom, and I’m riding this bearish wave all the way to the bitter end.