$JCT has already delivered an 89% move for the whales, and the first ones have started taking profits.
They built long positions worth $501K from the very bottom. On the next move up, they closed part of their positions worth $159K, but their main bet is still in play.
Right now, 51 large players hold $3.11M in long positions, while 61 players holding shorts have just $413K.
The buyers’ average entry price is $0.002136. As long as the price stays above that level, their positions remain in a more comfortable spot. Losing that level would change the picture.
They built long positions worth $501K from the very bottom. On the next move up, they closed part of their positions worth $159K, but their main bet is still in play.
Right now, 51 large players hold $3.11M in long positions, while 61 players holding shorts have just $413K.
The buyers’ average entry price is $0.002136. As long as the price stays above that level, their positions remain in a more comfortable spot. Losing that level would change the picture.