$LSK 28h ago LSK was up 306% and shorts were the ones getting torched. now it's down 33.6% while BTC sits +1.1%, and somehow the shorts are STILL paying, 1.293% an hour, to hold a trade that's finally going their way.
crowd flipped too, was 46/54 long/short back at the top, now it's 54/46 short. the losing side here (longs this time) is bleeding about $897K a day just holding on while price sits pinned near the lows. $981K piled into positions in the last hour alone, same read on binance and bybit both.
funny how the bill never goes away, it just changes hands. this one's stretched both directions in 45 hours, don't get comfortable on either side.
NFA
crowd flipped too, was 46/54 long/short back at the top, now it's 54/46 short. the losing side here (longs this time) is bleeding about $897K a day just holding on while price sits pinned near the lows. $981K piled into positions in the last hour alone, same read on binance and bybit both.
funny how the bill never goes away, it just changes hands. this one's stretched both directions in 45 hours, don't get comfortable on either side.
NFA