The bull market of this Bursa today is getting hotter and more chaotic🔥
The battle on the 龙USDT coin (龙 - Dragon) is really exciting right now because the whales are going head-to-head with each other’s mechanics and colliding with massive capital!
Let’s break down the Whale data from today’s Binance exchange screenshot. You can clearly see a map of a battle of billions of rupiah that’s currently unfolding:
Total Whale Positions Break Through 17 Million Dollars!: There is a total of 17.07M USDT (around Rp266 billion) of funds currently swirling around in this coin’s derivatives market, moved by a total of 206 Whale accounts.
The Long Side (Buyers) Is Rolling in Massive Profits 🟢:
There are 74 whale accounts taking Long positions (Buy) with a total position value of 10.77M USDT. Crazy thing is, they have a very precise Average Entry Price at 0.0427767 USDT. Since the current price has already jumped to 0.0470900 (+12.33%), this Long side is currently enjoying an Unrealized PnL of +$987,055.51 (nearly Rp15.4 billion in real profit!). As many as 62.16% of them managed to book gains.
The Short Side (Sellers) Is Bleeding Their Hearts Out 🔴:
On the other side, there are 132 whale accounts trying to fight against the trend (counter-trend) by opening Short positions (Sell) worth 6.29M USDT. They’re getting destroyed because their Average Entry Price at 0.0440259 USDT is way behind where the market has moved. This Short side is currently showing a floating loss of -$409,644.04 (a loss of about Rp6.4 billion!).
which means the dominance of this massive capital tonight is absolutely held by the Long forces. The Short side is intentionally being beaten down, and if the price rises another 1% or 2% more, it could trigger a massive Short Squeeze (forced liquidation of short accounts), causing the price to jump even more wildly!
龙虾USDT
The battle on the 龙USDT coin (龙 - Dragon) is really exciting right now because the whales are going head-to-head with each other’s mechanics and colliding with massive capital!
Let’s break down the Whale data from today’s Binance exchange screenshot. You can clearly see a map of a battle of billions of rupiah that’s currently unfolding:
Total Whale Positions Break Through 17 Million Dollars!: There is a total of 17.07M USDT (around Rp266 billion) of funds currently swirling around in this coin’s derivatives market, moved by a total of 206 Whale accounts.
The Long Side (Buyers) Is Rolling in Massive Profits 🟢:
There are 74 whale accounts taking Long positions (Buy) with a total position value of 10.77M USDT. Crazy thing is, they have a very precise Average Entry Price at 0.0427767 USDT. Since the current price has already jumped to 0.0470900 (+12.33%), this Long side is currently enjoying an Unrealized PnL of +$987,055.51 (nearly Rp15.4 billion in real profit!). As many as 62.16% of them managed to book gains.
The Short Side (Sellers) Is Bleeding Their Hearts Out 🔴:
On the other side, there are 132 whale accounts trying to fight against the trend (counter-trend) by opening Short positions (Sell) worth 6.29M USDT. They’re getting destroyed because their Average Entry Price at 0.0440259 USDT is way behind where the market has moved. This Short side is currently showing a floating loss of -$409,644.04 (a loss of about Rp6.4 billion!).
which means the dominance of this massive capital tonight is absolutely held by the Long forces. The Short side is intentionally being beaten down, and if the price rises another 1% or 2% more, it could trigger a massive Short Squeeze (forced liquidation of short accounts), causing the price to jump even more wildly!
龙虾USDT