That’s bullish! FIL whales’ long/short ratio surged from 2.11 to 2.36 in six hours, with institutions accumulating aggressively.
OI climbed steadily from 57.84 million to 59.03 million, without letting up for 24 hours. 70% of whale accounts are long, and annualized token emissions will be cut by 75% after vesting ends on October 15. With both volume and price confirming the move, this is a textbook institutional accumulation pattern. Some selling pressure has emerged, but OI is still rising, suggesting institutions are absorbing the sell orders.
For ORCA, OI rose from 8.66 million to 10.08 million in six hours (+16%). The whale long/short ratio recovered from 1.17 to 1.21. The shakeout is over and new longs are entering; volume is up 4.8x and the setup looks clean. You can follow the move.
NMR surged 42% on 4.9x volume. The whale long/short ratio is around 1.06, roughly balanced, so the direction is unclear. The move is driven purely by retail sentiment—be cautious about chasing it.
#FileCoin #CryptoMarket
$FIL $ORCA $NMR
OI climbed steadily from 57.84 million to 59.03 million, without letting up for 24 hours. 70% of whale accounts are long, and annualized token emissions will be cut by 75% after vesting ends on October 15. With both volume and price confirming the move, this is a textbook institutional accumulation pattern. Some selling pressure has emerged, but OI is still rising, suggesting institutions are absorbing the sell orders.
For ORCA, OI rose from 8.66 million to 10.08 million in six hours (+16%). The whale long/short ratio recovered from 1.17 to 1.21. The shakeout is over and new longs are entering; volume is up 4.8x and the setup looks clean. You can follow the move.
NMR surged 42% on 4.9x volume. The whale long/short ratio is around 1.06, roughly balanced, so the direction is unclear. The move is driven purely by retail sentiment—be cautious about chasing it.
#FileCoin #CryptoMarket
$FIL $ORCA $NMR