Smart short traders on $BEAT are currently outmaneuvering buyers, sitting on comfortable profits while long traders suffer heavy losses.
$BEAT is down at 0.1567000 (-6.28%), strongly favoring the bears. A group of 274 smart short traders controlling $4.54M in position volume is securing +$743.8K in unrealized profit with a 54.37% win rate from an entry of 0.1823675. Conversely, 179 smart long traders holding a smaller $1.28M position are stuck in a massive -$2.03M unrealized loss from a highly disadvantaged entry of 0.4044818. With a low long ratio of 28.28%, short sellers are easily overpowering the market structure.
$BEAT is down at 0.1567000 (-6.28%), strongly favoring the bears. A group of 274 smart short traders controlling $4.54M in position volume is securing +$743.8K in unrealized profit with a 54.37% win rate from an entry of 0.1823675. Conversely, 179 smart long traders holding a smaller $1.28M position are stuck in a massive -$2.03M unrealized loss from a highly disadvantaged entry of 0.4044818. With a low long ratio of 28.28%, short sellers are easily overpowering the market structure.