$TRUMP Short sellers: this wave is delivering meals to on-chain leverage. I’ve got long positions nailed down!! On-chain lending volume has exploded to more than ten times, and the debt growth rate has thrown way above the mean by a large margin. The spot leverage long/short ratio is overwhelmingly skewed to longs and still keeps pushing higher—everyone borrowing money is doing it with longs in mind. Spot funds have continuously net flowed in for nearly three hours, with not a single break—money is still being poured in. Short sellers should wait to be carried along by the elevator!!