Every single trader in this asset is currently bleeding, but the trap is about to snap shut.
$ACE is a complete anomaly where both sides are currently drowning in the red, but the discrepancy is shocking. The 72 short whales are holding a massive $3.26M position and suffering over $700k in losses, while the longs are barely holding on with a pathetic 16% profitability rate. This extreme volatility indicates a massive, violent breakout is imminent. I am carefully setting up my strategy to strike the second this standoff breaks. Volatility is where fortunes are made.
$ACE is a complete anomaly where both sides are currently drowning in the red, but the discrepancy is shocking. The 72 short whales are holding a massive $3.26M position and suffering over $700k in losses, while the longs are barely holding on with a pathetic 16% profitability rate. This extreme volatility indicates a massive, violent breakout is imminent. I am carefully setting up my strategy to strike the second this standoff breaks. Volatility is where fortunes are made.