If you are shorting $FOLKS USDT right now, you are literally funding a millionaire's next yacht.
The retail crowd is trying to fight a 28% pump, but looking at 1000802232.jpg, the big money is absolutely obliterating them. We have 129 massive whales controlling a staggering $5.43M in positions here. The most controversial part? The Notional Long/Short Ratio is sitting at an insane 185.54%.
Look at the absolute bloodbath for the bears: 68 whales are trapped in short positions worth $1.90M and they are down over half a million dollars in unrealized losses. Meanwhile, 61 smart-money whales went long from $1.40 and they are sitting on a massive $1.46M in pure profit, with a 95.08% profitability rate.
This is a textbook short squeeze waiting to explode even higher. Personally, I am staying heavily in my long position because stepping in front of this whale momentum is pure financial suicide. Don't stare at the sidelines while this prints the next massive green candle.