$STRK topped the list of biggest losers, down 13.80% over 24 hours. It also fell on lower volume, while BTC continued to rise, making it clearly weaker than the broader market.
1. $STRK -13.80%
2. $PUMP -6.38%
3. $FIL -6.21%
This move may be related to a whale: one whale was liquidated on 21.36 million STRK, while the largest long position is still sitting on an unrealized loss of $1.019 million.
Not many people are selling aggressively, yet the price keeps falling, which looks more like leveraged long positions being forced to close. Keep an eye on the largest long position: it’s still being held, and if the price falls further, forced selling may not be over yet.
1. $STRK -13.80%
2. $PUMP -6.38%
3. $FIL -6.21%
This move may be related to a whale: one whale was liquidated on 21.36 million STRK, while the largest long position is still sitting on an unrealized loss of $1.019 million.
Not many people are selling aggressively, yet the price keeps falling, which looks more like leveraged long positions being forced to close. Keep an eye on the largest long position: it’s still being held, and if the price falls further, forced selling may not be over yet.