$PENDLE Today’s market is very suitable to use for this (from the market maker’s perspective).
In terms of price, PENDLE is up about 7%+ over the past 24 hours.
If you only look at the candlestick chart, this is a perfectly normal strong rebound.
But what I’m truly interested in isn’t how much it rose—
And in this wave of上涨, those two groups of smart money actually took positions on opposite sides.
First, look at the data from the most recent 1 hour.
On the side of the big holders, the trades are clearly skewed toward buying,
with the buy ratio at roughly 98%.
But on the other side, the top traders are selling,
and they’re not selling lightly either.
So, the same goes for facing this wave of上涨,
One group of funds is rushing to buy, while another group is shrinking.