$ALT
UP 24%, BUT SHORTS ARE UNDER SERIOUS PRESSURE. ๐
Price: +24.06%
Position snapshot of experienced traders:
๐ข Longs: $7.42M
Unrealized PnL: +$724.98K
๐ด Shorts: $5.61M
Unrealized PnL: โ$466.59K
๐ฅ 354 traders are short versus 188 traders who are long.
๐ธ Funding rate: +0.0050%
Hereโs what stands out: more traders have opened short positions, but longs control a larger position size and have significant unrealized profits.
Shorts are already under pressure as $ALT continues to rise. If buying momentum holds, liquidations could push the price even higher.
UP 24%, BUT SHORTS ARE UNDER SERIOUS PRESSURE. ๐
Price: +24.06%
Position snapshot of experienced traders:
๐ข Longs: $7.42M
Unrealized PnL: +$724.98K
๐ด Shorts: $5.61M
Unrealized PnL: โ$466.59K
๐ฅ 354 traders are short versus 188 traders who are long.
๐ธ Funding rate: +0.0050%
Hereโs what stands out: more traders have opened short positions, but longs control a larger position size and have significant unrealized profits.
Shorts are already under pressure as $ALT continues to rise. If buying momentum holds, liquidations could push the price even higher.