Let’s take a closer look at $BTW : 90% of the supply is controlled, with short sellers sitting on 2 million in unrealized losses. The shady market maker may be gearing up to pump it—build a small position at 1.09!
Looking at the top-ten holder share, this token is highly concentrated, with 90% of the supply held by the market maker. This suggests the major player hasn’t sold their tokens in the short term. 0.8 is the bottom for this altcoin. The daily chart shows the shady market maker has been continuously shaking out traders, and most leveraged long positions have nearly been flushed out. Smart money is dominated by shorts, whose positions are more than twice the size of the longs. But with 2 million in unrealized losses, a lot of trapped short positions have likely piled up below. Funds have been flowing on-chain over the past few days. The market maker may soon pump the price to liquidate short sellers. At the current price of 1.09, you can open a small long position, with a stop-loss at 0.86. The feed is delayed, so check messages first 👇
#BTW
Looking at the top-ten holder share, this token is highly concentrated, with 90% of the supply held by the market maker. This suggests the major player hasn’t sold their tokens in the short term. 0.8 is the bottom for this altcoin. The daily chart shows the shady market maker has been continuously shaking out traders, and most leveraged long positions have nearly been flushed out. Smart money is dominated by shorts, whose positions are more than twice the size of the longs. But with 2 million in unrealized losses, a lot of trapped short positions have likely piled up below. Funds have been flowing on-chain over the past few days. The market maker may soon pump the price to liquidate short sellers. At the current price of 1.09, you can open a small long position, with a stop-loss at 0.86. The feed is delayed, so check messages first 👇
#BTW
