$EDGE The more you watch this move, the more it gets addictive—across the whole market, overall accounts are still positioned on the short side, yet the whales’ contract position multiplier is firmly pinned against the longs. During this pullback, they’re quietly adding more—there’s not a hint of any intention to back off. Open interest is shrinking; their long positions are rising. This isn’t a correction—it’s weak hands obediently handing over chips, while the big players quietly finish the order. The funding rate is positive, but it’s dropping so fast it’s nearly disappearing. The longs can’t even be bothered to fully lever up. This setup is still far from crowded. I accept this structure: I’ll stand long, and I’ll be at ease about it.
