$WAL WAL This market is clearly set up for a short squeeze.
The 24-hour trading volume has surged to 180 million dollars, directly overwhelming the total market cap.
The funding rate has also been slammed to an extreme negative value of -0.78%, meaning shorts think they’re shorting the top, but in reality they’re paying long positions high interest every day.
The whale shorts are now all online taking hits and sitting on unrealized losses.
With this kind of positioning, if longs push up one more step, it will trigger a chain reaction of liquidations.
The short-side fuel is already topped off, and we’re just waiting for the market maker to pull the trigger.
#以太坊跌破2500美元 #WAL $WAL #Q $QQQB 👇
The 24-hour trading volume has surged to 180 million dollars, directly overwhelming the total market cap.
The funding rate has also been slammed to an extreme negative value of -0.78%, meaning shorts think they’re shorting the top, but in reality they’re paying long positions high interest every day.
The whale shorts are now all online taking hits and sitting on unrealized losses.
With this kind of positioning, if longs push up one more step, it will trigger a chain reaction of liquidations.
The short-side fuel is already topped off, and we’re just waiting for the market maker to pull the trigger.
#以太坊跌破2500美元 #WAL $WAL #Q $QQQB 👇