WHILE THE MARKET BLEEDS, ONE COIN IS FORCING A RECKONING 🔥
Hundreds of millions in long liquidations just hit $ETH and $SOL .
Majors sliding, fear dominating, leveraged longs getting wiped.
Meanwhile $INIT is ripping double digits to triple digits with funding rates deeply negative.
Shorts are crowded. They’re paying to stay wrong.
Is this the start of a real squeeze, or just another high-velocity trap in a downtrend?
What does deeply negative funding on a surging asset actually tell you about positioning risk?