The long position has reached 2.5 million, and it is estimated that the dog fund has cleared all the long positions, and it is expected to start pulling the market to open short positions.

$pippin This dog fund has been continuously closing long positions overnight, even the hedged short positions have been exited, after all, the funding cost is unbearable. It seems that we need to clear the long positions again when it drops to around 0.16, only then can the dog fund possibly pull up and open short positions. The dog fund is really scary, killing both longs and shorts🥲