Let me tell you... $AKE ’s recent price action has an interesting story behind it. During the earlier downtrend, a major whale reportedly built a large short position while market makers were moving coins on-chain. Another large withdrawal yesterday has added to the speculation that more upside could be ahead. What stands out is the positioning: large traders appear to be leaning long, yet short open interest remains higher than the market makers’ long exposure. If that imbalance is real, the upside may not be limited to liquidating retail shorts. Continued buying pressure could keep squeezing the bears, turning this into a slow, painful bleed for the oversized short.
