Whales move out overnight, retail traders left holding the bag
STRK’s rebound is a flop—it’s still down 18% over 24 hours. One whale dumped 26.31 million tokens’ worth of long positions at 0.0848 and bailed, then turned around and opened a $11.11 million BTC long with 40x leverage. It’s like being fed up with your wife’s cooking, heading next door to mooch a meal, and betting the whole family fortune while you’re at it.
The whale’s stop-loss is set at 79,000, less than 3.5% below the entry price. With risk-taking this extreme, liquidation could come faster than food delivery.
STRK holders, are you still stuck with a cost basis above 0.1, or have you bailed along with the whale?
STRK’s rebound is a flop—it’s still down 18% over 24 hours. One whale dumped 26.31 million tokens’ worth of long positions at 0.0848 and bailed, then turned around and opened a $11.11 million BTC long with 40x leverage. It’s like being fed up with your wife’s cooking, heading next door to mooch a meal, and betting the whole family fortune while you’re at it.
The whale’s stop-loss is set at 79,000, less than 3.5% below the entry price. With risk-taking this extreme, liquidation could come faster than food delivery.
STRK holders, are you still stuck with a cost basis above 0.1, or have you bailed along with the whale?