IRYS has plunged about 14 points. On Binance, about 71.6% of accounts are bullish, while long positions on the same exchange account for only about 48.6%—a gap of around 23 percentage points.
Price quotes: IRYS at about 0.02710 on Binance (-14.646%) and about 0.02719 on OKX (-13.242%). Combined 24-hour trading volume across both exchanges is about $200 million.
The price is down 14 points, yet accounts are still 70% long while positions have fallen to 49%—accounts are hot, positions cold, a gap of about 23 percentage points.
With 70% of accounts bullish but only 49% of positions long, which side are you on in this 23-point gap?
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