$ENA quiet-ish day on flows, only 11 coins moved enough to log, but the positioning side is the interesting part.
exchange side: $ENA, JUP, BONK got pulled off exchanges, cannot be sold from there right now. UNI led the other direction, $1.4M landed on Binance and Gate, that supply can move if it wants to.
the real story is BR and ZEC. BR is up 146.8% today with 77% of the crowd short, they're getting run over and paying for it. ZEC is up 18.2% with 71% short, same setup, smaller scale. crowd betting against both moves while price does the opposite.
watching tomorrow: whether those BR and ZEC shorts capitulate or hold.
NFA
exchange side: $ENA, JUP, BONK got pulled off exchanges, cannot be sold from there right now. UNI led the other direction, $1.4M landed on Binance and Gate, that supply can move if it wants to.
the real story is BR and ZEC. BR is up 146.8% today with 77% of the crowd short, they're getting run over and paying for it. ZEC is up 18.2% with 71% short, same setup, smaller scale. crowd betting against both moves while price does the opposite.
watching tomorrow: whether those BR and ZEC shorts capitulate or hold.
NFA
