Price up ≠ whales adding to their positions.

Over the past 24h, the BTC whale long ratio was cut from about 38% to 28%, yet the market rose about 1%. Meanwhile, of roughly $102 million in liquidations, about $75 million came from shorts. This looks more like a short squeeze than smart money piling in.

Before chasing the rally, ask yourself: who’s holding the longs?

$BTC $ETH $BNB
#实盘观察 #CapitalFlows