$PEPE Over two days, it gave back more than 20%—and the drop has been eerily quiet 😮💨
The 1000PEPE contract has slowly ground down from its 11/10 high of 0.0056 to 0.0044, without a single sharp wick along the way.
Open interest has shrunk from about 111 million to 94 million USDT in the past 24 hours, while the share of accounts holding long positions fell from 72% to 65%.
Do you find this kind of slow grind down more painful than a sharp wick?
Not investment advice
The 1000PEPE contract has slowly ground down from its 11/10 high of 0.0056 to 0.0044, without a single sharp wick along the way.
Open interest has shrunk from about 111 million to 94 million USDT in the past 24 hours, while the share of accounts holding long positions fell from 72% to 65%.
Do you find this kind of slow grind down more painful than a sharp wick?
Not investment advice