A massive trap has been set on $LSK, and 39 heavy whales are about to pay for it!
Look at this insane dynamic on $LSK
right now as it surges +7.69% to $0.102000: a small group of short sellers are holding massive leverage, but they are completely trapped in negative territory!
• Negative Funding Alert: -0.0636% funding rate with under 52 minutes remaining—shorts are paying heavily just to hold!
• Short Whales Trapped: 39 shorts sitting on $272.78K exposure at -$8,313.93 unrealized loss (avg entry $0.098891)
• Long Whales Sentiment: 91 Long Whales holding $153.81K with 74.72% overall historical win rate
• Overall Whale Volume: $426.60K total across 130 accounts
The negative funding fee is forcing these shorts into a corner. I am holding my long position tight because when this squeeze snaps, the liquidation cascade is going to be brutal!
Look at this insane dynamic on $LSK
right now as it surges +7.69% to $0.102000: a small group of short sellers are holding massive leverage, but they are completely trapped in negative territory!
• Negative Funding Alert: -0.0636% funding rate with under 52 minutes remaining—shorts are paying heavily just to hold!
• Short Whales Trapped: 39 shorts sitting on $272.78K exposure at -$8,313.93 unrealized loss (avg entry $0.098891)
• Long Whales Sentiment: 91 Long Whales holding $153.81K with 74.72% overall historical win rate
• Overall Whale Volume: $426.60K total across 130 accounts
The negative funding fee is forcing these shorts into a corner. I am holding my long position tight because when this squeeze snaps, the liquidation cascade is going to be brutal!
