So awesome! Goldman Sachs listed the Avalanche Lynq for a $100 billion money market fund last week. AVAX didn’t move a single bit that day—today it moved!
Spot is up 8.6%. Open interest for futures jumped from 107M to 125M U in one day, up 16%. The big-player long/short ratio climbed from 2.78 to 3.2. And 76% of top accounts are holding longs—still adding. The fee is only 0.01%, not hot at all.
Small caps like 0G that can double positions in a day are money from day traders—quick in, quick out. AVAX is institutional money—adding slowly, no rush. Today’s rotation to alts came second day in a row: GRASS +25%, INIT +23%, CRV +21%. It’s all retail “passing the baton,” while the big-player long/short ratio keeps sliding down.
PUMP is up 13.7%, but the active buy/sell ratio is only 0.87. ICP is up 14.8% with an active buy/sell ratio of 0.88—price is rising, but the active orders are all sells. It’s a distribution-type rally: “up for you to look at,” while the inventory is being unloaded.
Direction: You can follow for AVAX, where institutions are adding. Don’t chase the day-trader tickets. Micron’s earnings report is on Wednesday—let’s see after they’ve “verified the goods.”
$AVAX $PUMP $ICP
#Avalanche $ICP
Spot is up 8.6%. Open interest for futures jumped from 107M to 125M U in one day, up 16%. The big-player long/short ratio climbed from 2.78 to 3.2. And 76% of top accounts are holding longs—still adding. The fee is only 0.01%, not hot at all.
Small caps like 0G that can double positions in a day are money from day traders—quick in, quick out. AVAX is institutional money—adding slowly, no rush. Today’s rotation to alts came second day in a row: GRASS +25%, INIT +23%, CRV +21%. It’s all retail “passing the baton,” while the big-player long/short ratio keeps sliding down.
PUMP is up 13.7%, but the active buy/sell ratio is only 0.87. ICP is up 14.8% with an active buy/sell ratio of 0.88—price is rising, but the active orders are all sells. It’s a distribution-type rally: “up for you to look at,” while the inventory is being unloaded.
Direction: You can follow for AVAX, where institutions are adding. Don’t chase the day-trader tickets. Micron’s earnings report is on Wednesday—let’s see after they’ve “verified the goods.”
$AVAX $PUMP $ICP
#Avalanche $ICP