💹Guys, let’s take a look at what on-chain data and whale activity are telling us right now 🐋

Whale Mini Alpha

📊 What the data shows:

The market is skewed toward shorts — ~$2.71B vs $2.51B in longs

PnL: shorts are in profit (+$392M), while longs remain under pressure (-$286M)

Funding: shorts are getting paid → downside expectations are crowded

Trader ratio: $BTC is ~52/48 in favor of longs, but the real money is on the short side

🐋 Whales are active

We’re seeing large opens and closes on both longs and shorts

No one-sided aggression → chop and redistribution in progress

What does this mean & what to expect?

The market is currently in a phase of uncertainty and stop-hunting.

The crowd is already heavily skewed short, which limits further downside, but there’s still no clear trigger for upside.

👉 Base scenario: a volatile range (price moving between support and resistance) and a potential squeeze.

Right now, positioning matters more than direction.

Patience beats any trade.