Lobster is truly dead in the water. No more pretending.
Just look at what the broader market is doing today: BTC is up 1.8%, ETH has surged nearly 5%, and the whole market is bouncing back. Meanwhile, this thing has bucked the trend and dropped another 5%, with its 24-hour highs and lows both sliding steadily.
This is the fate of a shitcoin: once the market makers start dumping, it’s as good as dead. It was pumped to 0.31 in that late-September run, and now it’s at 0.026—a nearly 90% drop in a month. That 4-hour candle on the night of the 14th plunged 21% in one go, with volume exploding to 1.4 billion tokens. That was the market makers dumping spot at any price to get out.
The futures data is even more interesting now: 70% of accounts across the market are long, and 73% of whale accounts are also positioned long. But look at the whale position sizes: shorts account for 38.5%, 12 percentage points higher than the share of accounts. In other words, a few whales are heavily short, while a bunch of small retail accounts are trying to catch the falling knife.
The market makers have already dumped their spot holdings. The order book is getting thinner by the day, and trading volume has shrunk from a massive 1.4 billion tokens to less than 100 million. The price is just grinding along with barely any movement, and liquidity has basically dried up. Don’t try to buy the dip in a market like this. You think it’s a golden opportunity, but to the market makers, you’re the one falling into the pit.
If you’re still holding Lobster, drop your cost basis in the comments. Let’s see who’s stuck holding the bag at the highest price.
$Lobster #Meme币 #合约 #Altcoins
Just look at what the broader market is doing today: BTC is up 1.8%, ETH has surged nearly 5%, and the whole market is bouncing back. Meanwhile, this thing has bucked the trend and dropped another 5%, with its 24-hour highs and lows both sliding steadily.
This is the fate of a shitcoin: once the market makers start dumping, it’s as good as dead. It was pumped to 0.31 in that late-September run, and now it’s at 0.026—a nearly 90% drop in a month. That 4-hour candle on the night of the 14th plunged 21% in one go, with volume exploding to 1.4 billion tokens. That was the market makers dumping spot at any price to get out.
The futures data is even more interesting now: 70% of accounts across the market are long, and 73% of whale accounts are also positioned long. But look at the whale position sizes: shorts account for 38.5%, 12 percentage points higher than the share of accounts. In other words, a few whales are heavily short, while a bunch of small retail accounts are trying to catch the falling knife.
The market makers have already dumped their spot holdings. The order book is getting thinner by the day, and trading volume has shrunk from a massive 1.4 billion tokens to less than 100 million. The price is just grinding along with barely any movement, and liquidity has basically dried up. Don’t try to buy the dip in a market like this. You think it’s a golden opportunity, but to the market makers, you’re the one falling into the pit.
If you’re still holding Lobster, drop your cost basis in the comments. Let’s see who’s stuck holding the bag at the highest price.
$Lobster #Meme币 #合约 #Altcoins