So impressive! In this round-rotation of the metaverse sector, the big SAND holders have already turned fully bearish; the remaining positions are in ENJ and GALA.
Right now, the big-holder long/short ratio for SAND has been cut from 1.24 to 0.97. In the past few hours, OI jumped from $23.78M to $30.92M—all of it is retail getting trapped and taking the bags. The big holders have already exited completely. RSI is still high—don’t chase at this point.
ENJ is the cleanest structure right now. The big-holder long/short ratio has held steady in the 2.17–1.97 range. More than 70% of the long positions have never been withdrawn. OI on the 4-hour timeframe rose from $60.31M to $74.55M, an expansion of 5.11x, with no signs of “push up and withdraw at the same time.” This is what genuine accumulation looks like.
GALA is also holding steady. Big holders are keeping about 70% long. The LSR has stayed at 2.85 before holding 2.75. OI has moved steadily from $7.44M to $8.45M, with volume expanding 3.49x. The metaverse relay is still running—GALA is in the second echelon.
On NIGHT day 13, the big holders’ long/short ratio has flipped fully to bearish at 0.94, but retail OI is still increasing. This is the harvesting structure: the big players run off, and retail is the one left holding. Don’t touch this.
MANA is up 20% with volume expanding 5x, but there’s no futures/contract data to back it up—it’s just rotational catch-up.
In this metaverse move, ENJ has the cleanest structure—you can hold onto it. SAND has been unloaded; don’t chase it.
#元宇宙 #Uptober
Right now, the big-holder long/short ratio for SAND has been cut from 1.24 to 0.97. In the past few hours, OI jumped from $23.78M to $30.92M—all of it is retail getting trapped and taking the bags. The big holders have already exited completely. RSI is still high—don’t chase at this point.
ENJ is the cleanest structure right now. The big-holder long/short ratio has held steady in the 2.17–1.97 range. More than 70% of the long positions have never been withdrawn. OI on the 4-hour timeframe rose from $60.31M to $74.55M, an expansion of 5.11x, with no signs of “push up and withdraw at the same time.” This is what genuine accumulation looks like.
GALA is also holding steady. Big holders are keeping about 70% long. The LSR has stayed at 2.85 before holding 2.75. OI has moved steadily from $7.44M to $8.45M, with volume expanding 3.49x. The metaverse relay is still running—GALA is in the second echelon.
On NIGHT day 13, the big holders’ long/short ratio has flipped fully to bearish at 0.94, but retail OI is still increasing. This is the harvesting structure: the big players run off, and retail is the one left holding. Don’t touch this.
MANA is up 20% with volume expanding 5x, but there’s no futures/contract data to back it up—it’s just rotational catch-up.
In this metaverse move, ENJ has the cleanest structure—you can hold onto it. SAND has been unloaded; don’t chase it.
#元宇宙 #Uptober