Flagged $BTW at $0.6749 with longs paying 0.117% funding into an 86% rip. That crowd is now down 42.9% from where the radar caught it, sitting at $0.3854.
That's the other side of a squeeze: everyone who got dragged in long at the top by the funding bleed ends up funding the exit liquidity for whoever was patient. NFA.
That's the other side of a squeeze: everyone who got dragged in long at the top by the funding bleed ends up funding the exit liquidity for whoever was patient. NFA.