Smart short traders on $TUT are securing steady gains during a decline, while a stubborn group of long buyers bleeds heavily.
$TUT is dropping at 0.0326600 (-8.54%), trapping overly ambitious buyers. A group of 323 smart short traders controlling $2.15M in position volume is holding +$80.0K in unrealized gains from an entry of 0.0338738. Meanwhile, 211 smart long traders holding a larger $3.78M position are trapped deeply underwater with a heavy -$1.44M unrealized loss from an entry of 0.0451247. Despite a heavily imbalanced 175.58% long ratio, the bearish momentum is effortlessly crushing trapped longs.
$TUT is dropping at 0.0326600 (-8.54%), trapping overly ambitious buyers. A group of 323 smart short traders controlling $2.15M in position volume is holding +$80.0K in unrealized gains from an entry of 0.0338738. Meanwhile, 211 smart long traders holding a larger $3.78M position are trapped deeply underwater with a heavy -$1.44M unrealized loss from an entry of 0.0451247. Despite a heavily imbalanced 175.58% long ratio, the bearish momentum is effortlessly crushing trapped longs.