Whales set a trap for traders in broad daylight as you walk straight towards the ambush! 🚨$CHIP
$CHIP USDT is currently living a bloodbath with a drop of 7.90% but the real story lies in $15.18 million in whale centers. While 148 whales are bleeding heavy losses in their buy positions, the owners of “smart money” in the point-of-sale have already made $141,000 in net profits. The market is at a breakdown point with a huge “long” ratio of up to 75% waiting to liquidate.
I’m personally going to enter a short position on the CHIP because the top players control $8.68 million in the points of sale and they are the winners of this war. Even with a slight rise in net buying volume, unrealized profits show that bears are completely in control of this trend. I’m moving now before the next scan comes to erase everyone who still clings to the hope of rebound.