Smart long traders on $ACE are capitalizing on an explosive surge, trapping a massive wall of short sellers deeply underwater.
$ACE is skyrocketing at 0.262960 (+40.34%), crushing short positions. A group of 336 smart long traders holding $2.58M in position volume is securing +$506.7K in unrealized profit with a 77.38% win rate from an entry of 0.211397. In contrast, 283 smart short traders controlling a much larger $5.88M position are bleeding with catastrophic -$2.06M in unrealized losses from an entry of 0.170861. With a long ratio of 43.94%, trapped short liquidity could act as rocket fuel for further upside.
$ACE is skyrocketing at 0.262960 (+40.34%), crushing short positions. A group of 336 smart long traders holding $2.58M in position volume is securing +$506.7K in unrealized profit with a 77.38% win rate from an entry of 0.211397. In contrast, 283 smart short traders controlling a much larger $5.88M position are bleeding with catastrophic -$2.06M in unrealized losses from an entry of 0.170861. With a long ratio of 43.94%, trapped short liquidity could act as rocket fuel for further upside.