Awesome! This round of institutional accumulation in FIL is really solid!

Over 6 hours, FIL whales steadily increased from 2.07 to 2.21, while OI also steadily rose from $66.71M to $70.28M. There were no signs of position reduction for several hours, which is clearly a slow and steady accumulation pattern.

In contrast, ORCA's whale long-short ratio slid from 1.44 to 1.17. Although OI was also rising, whales were both entering and exiting along the way. The two coins have completely different structures.

As for BR, its futures gain was second-highest at +29%, but the whale long-short ratio was 1.0, an even split, with unclear signals. Don’t chase it.

FIL's recent open interest has already exceeded $70M, and its structure is the cleanest. You can follow long on pullbacks.

#FileCoin #DeFi
$FIL $ORCA $API3