Is this the biggest whale trap of the week, or are retail traders about to get completely wiped out?
Whales are making a huge bet on coin$ with an insane short/long ratio of 2,655.90%. Out of 91 whales, 60 are holding buy trades worth $2.43 million, with profits reaching up to 100% and unrealized gains of more than +$529k. Meanwhile, 31 whales are stuck in sell positions at a loss, with an average entry of $0.051.
The price is already up +33.17% at $0.06524, and with the current funding rate, I see a high probability of the breakout continuing. Personally, I’m entering a Long trade right now to ride the wave before the market fully absorbs what’s happening!
#Crypto #Futures #WhaleAlert
Whales are making a huge bet on coin$ with an insane short/long ratio of 2,655.90%. Out of 91 whales, 60 are holding buy trades worth $2.43 million, with profits reaching up to 100% and unrealized gains of more than +$529k. Meanwhile, 31 whales are stuck in sell positions at a loss, with an average entry of $0.051.
The price is already up +33.17% at $0.06524, and with the current funding rate, I see a high probability of the breakout continuing. Personally, I’m entering a Long trade right now to ride the wave before the market fully absorbs what’s happening!
#Crypto #Futures #WhaleAlert