$AIN update. The sell walls at 0.32 held. Three hours later

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$AIN update. The sell walls at 0.32 held. Three hours later long whales had closed $10M and price was at 0.27.

Long whale book went from $45M to $34.6M, whale count 84 to 72. Those who bought the top are now in the red: 98% in profit this morning, 60% now.

The walls didn’t disappear, they moved. New asks are stacked at 0.285-0.29, right above price.

Short whales now match long whales in count, 72 vs 72. First time since the pump started.

PumpGlass

$AIN ran into a stack of sell walls. One sits right above price at 0.322, more are layered up to 0.35, and they appeared four hours ago, right when price got there.

Behind them sit short liquidations at 0.34-0.35. If the walls get pulled without being hit, nobody was actually selling there, and the path to those liquidations opens.

What works against the move: long whales hold $32M unrealized profit, 98% of them in the green. Whenever they decide to close, that selling can push price down hard.

Reaction to the walls is the thing to watch.

AIN-4.78%