61 mega-whales just got trapped in a massive $12.7M losing position, and the impending liquidation is going to be absolutely bloody.
Look at the brutal data in 1000021674.png right now: an overwhelming majority of the big players tried to heavily short $GOOGL USDT, leaving a tiny 3.91% long/short ratio. But the market completely flipped on them with a +1.99% pump. Now, 61 short whales are suffocating under $149K in unrealized losses with a trapped average entry at 343.37. Meanwhile, a small group of 38 long whales is barely scraping by, holding a minor $499.28K position also slightly in the red.
The bears tried to suppress this asset, but they are completely out of oxygen. I am aggressively scaling into my long position right now because once this massive $12.76M short wall forced-liquidates, the explosive short squeeze is going to rocket us to the moon. Panic is setting in, and time is ticking before the funding countdown hits zero.
Look at the brutal data in 1000021674.png right now: an overwhelming majority of the big players tried to heavily short $GOOGL USDT, leaving a tiny 3.91% long/short ratio. But the market completely flipped on them with a +1.99% pump. Now, 61 short whales are suffocating under $149K in unrealized losses with a trapped average entry at 343.37. Meanwhile, a small group of 38 long whales is barely scraping by, holding a minor $499.28K position also slightly in the red.
The bears tried to suppress this asset, but they are completely out of oxygen. I am aggressively scaling into my long position right now because once this massive $12.76M short wall forced-liquidates, the explosive short squeeze is going to rocket us to the moon. Panic is setting in, and time is ticking before the funding countdown hits zero.