Positioning is shifting:
“A new wallet opened a 5x long on W after making over $1 million by going long on STRK.”
After seeing the news, I only ask three questions about the money flow:
1. Are large orders net buying or selling?
2. Has trading volume for $STRK ($99.59 million over 24h) increased noticeably?
3. Are whales making unusual withdrawals from exchanges?
Only when all three point in the same direction can we say the market has validated the news; otherwise, it’s probably just a passing gust.
It’s best to read the original source—the story often gets distorted secondhand.
#STRK
“A new wallet opened a 5x long on W after making over $1 million by going long on STRK.”
After seeing the news, I only ask three questions about the money flow:
1. Are large orders net buying or selling?
2. Has trading volume for $STRK ($99.59 million over 24h) increased noticeably?
3. Are whales making unusual withdrawals from exchanges?
Only when all three point in the same direction can we say the market has validated the news; otherwise, it’s probably just a passing gust.
It’s best to read the original source—the story often gets distorted secondhand.
#STRK