If you are trying to catch a bottom on this dump, you are simply handing your liquidity to smart money!
$SNXX (Perp) is getting slaughtered at $15.92000 (-15.68%), and the Whales Overview highlights exactly why! Out of 67 total whales, 40 whales are holding aggressive short positions controlling $3.83M in volume, enjoying over +$186.6K in unrealized profit! Meanwhile, 27 long whales are trapped deep underwater, bleeding over -$241.1K in unrealized losses.
I am holding onto my short bias firmly right here because trying to go long against 40 profitable short whales controlling $3.83M in sell pressure is complete financial suicide. Respect the trend! 📉 🔥
#SNXX #Crypto #Trading
$SNXX (Perp) is getting slaughtered at $15.92000 (-15.68%), and the Whales Overview highlights exactly why! Out of 67 total whales, 40 whales are holding aggressive short positions controlling $3.83M in volume, enjoying over +$186.6K in unrealized profit! Meanwhile, 27 long whales are trapped deep underwater, bleeding over -$241.1K in unrealized losses.
I am holding onto my short bias firmly right here because trying to go long against 40 profitable short whales controlling $3.83M in sell pressure is complete financial suicide. Respect the trend! 📉 🔥
#SNXX #Crypto #Trading