Wow! The metaverse is fragmenting within it!
Just now, the MANA large-holder long/short ratio plunged from 2.59 to 1.95. Within the past hour, they suddenly withdrew a large number of long positions. But GALA is going in the opposite direction: over the past 6 hours, the big holders added steadily from 2.52 to 2.83, repeatedly hitting new highs, with more than 70% of accounts holding long and refusing to budge. For ENJ, the contract OI in these few hours shrank from 71.13M to 61.12M, but the large holders’ LSR is locked at 2.09–2.15 and hasn’t moved at all. OI shrinking indicates retail traders are exiting, while big holders are holding and not changing.
The rotation rhythm in the metaverse goes like this: SAND unloads → ENJ gets taken over → GALA gets taken over → MANA gets taken over. Now MANA is at a high level and we’re seeing signals that big holders are withdrawing; the next wave may look to use ENJ or GALA as the relay.
Also, QNT has a new signal: the big holders’ long/short ratio just crossed from 0.946 to 1.017, meaning that previously over half of the big holders were short, but now over half have flipped to long. Meanwhile, OI over the last 6 hours has been steadily rising from 43.18M to 47.41M (+10%); real money is coming in—this isn’t fake.
#元宇宙 #加密市场
$GALA $MANA $QNT
Just now, the MANA large-holder long/short ratio plunged from 2.59 to 1.95. Within the past hour, they suddenly withdrew a large number of long positions. But GALA is going in the opposite direction: over the past 6 hours, the big holders added steadily from 2.52 to 2.83, repeatedly hitting new highs, with more than 70% of accounts holding long and refusing to budge. For ENJ, the contract OI in these few hours shrank from 71.13M to 61.12M, but the large holders’ LSR is locked at 2.09–2.15 and hasn’t moved at all. OI shrinking indicates retail traders are exiting, while big holders are holding and not changing.
The rotation rhythm in the metaverse goes like this: SAND unloads → ENJ gets taken over → GALA gets taken over → MANA gets taken over. Now MANA is at a high level and we’re seeing signals that big holders are withdrawing; the next wave may look to use ENJ or GALA as the relay.
Also, QNT has a new signal: the big holders’ long/short ratio just crossed from 0.946 to 1.017, meaning that previously over half of the big holders were short, but now over half have flipped to long. Meanwhile, OI over the last 6 hours has been steadily rising from 43.18M to 47.41M (+10%); real money is coming in—this isn’t fake.
#元宇宙 #加密市场
$GALA $MANA $QNT