$CAP Keep shorting! Longs are sitting on a paper profit of 2.8 million, but every time the price spikes, it gets slammed back down. Early longs have already started taking profits!
A closer look at the data shows the longs’ average entry price is only 0.0548, while the current price is 0.0825. That’s a profit of nearly 0.03 per coin, with 8.34 million in heavily leveraged long positions sitting on a massive unrealized profit of 2.8 million.
The price gets pushed back down as soon as it spikes, which shows there’s huge selling pressure overhead. Who has the strongest incentive to sell at these high levels? The early bulls who entered at 0.0548 and are up 0.03 per coin. They still have plenty of profitable positions to close, so every rebound from here will be another chance for them to cash out.
Early longs are already taking profits at these highs. Don’t get caught holding the bag—follow the major players’ selling pressure and enter short!
$ORCA $NMR
A closer look at the data shows the longs’ average entry price is only 0.0548, while the current price is 0.0825. That’s a profit of nearly 0.03 per coin, with 8.34 million in heavily leveraged long positions sitting on a massive unrealized profit of 2.8 million.
The price gets pushed back down as soon as it spikes, which shows there’s huge selling pressure overhead. Who has the strongest incentive to sell at these high levels? The early bulls who entered at 0.0548 and are up 0.03 per coin. They still have plenty of profitable positions to close, so every rebound from here will be another chance for them to cash out.
Early longs are already taking profits at these highs. Don’t get caught holding the bag—follow the major players’ selling pressure and enter short!
$ORCA $NMR