Binance stock tokens: whales short, crowd long. Almost everywhere.

On 195 of 237 TradFi pairs, whales hold more shorts than longs, and those shorts are up $292M.

$SNDK: whales 87% short (+$45.5M) / crowd 91% long
$SOXL: whales 87% short (+$40.4M) / crowd 85% long
$SKHYNIX: whales 81% short (+$39.8M) / crowd 82% long
INTC: whales 89% short (+$18.7M) / crowd 90% long

Two sides, opposite bets on the same tokens. If stocks turn down, the crowd’s longs take the hit.