$LSK LONG POSITIONING JUST TOOK A SERIOUS HIT. đ©ž
Earlier:
đą $10.03M in long positions
đ° +$5.96M unrealized PnL
Now:
đą $7.18M in longs
đ° +$2.44M unrealized PnL
Price: $0.82308
Thatâs a heavy drop in long exposure, while millions in unrealized profits have already been erased.
Profit-taking + liquidation pressure are clearly hitting the market. â ïž
But now the real question is:
đ Has $LSK finally flushed enough to build a base, or is another downside sweep still waiting?
This is where watching positioning becomes critical. đ
Manage risk. Donât chase leverage. NFA.
Earlier:
đą $10.03M in long positions
đ° +$5.96M unrealized PnL
Now:
đą $7.18M in longs
đ° +$2.44M unrealized PnL
Price: $0.82308
Thatâs a heavy drop in long exposure, while millions in unrealized profits have already been erased.
Profit-taking + liquidation pressure are clearly hitting the market. â ïž
But now the real question is:
đ Has $LSK finally flushed enough to build a base, or is another downside sweep still waiting?
This is where watching positioning becomes critical. đ
Manage risk. Donât chase leverage. NFA.
