$ACE was a volume story 3 days ago. now it's a squeeze story, and the shorts still haven't left the building.
funding at -0.8% hourly on a coin up 28% while btc barely moves 0.5%. that's not a market wide pump, that's $ACE running its own script and the short side paying $348K a day for a front row seat to their own liquidation.
crowd's still 43% short into this. $113K walked in fresh over the last hour, same read on binance and bybit both. mid-range on the day after a hard push off the lows, plenty of room left to squeeze or snap back.
been on the radar 46 hours now. up 12% since we first saw it, and the pain for shorts just kept compounding.
NFA
funding at -0.8% hourly on a coin up 28% while btc barely moves 0.5%. that's not a market wide pump, that's $ACE running its own script and the short side paying $348K a day for a front row seat to their own liquidation.
crowd's still 43% short into this. $113K walked in fresh over the last hour, same read on binance and bybit both. mid-range on the day after a hard push off the lows, plenty of room left to squeeze or snap back.
been on the radar 46 hours now. up 12% since we first saw it, and the pain for shorts just kept compounding.
NFA