$WAL up 5.3% after chopping sideways with no real trend most of the day, and shorts are the ones footing the bill.
negative funding means shorts are paying roughly $50K a day to stay in this bet, settling every 4 hours, while longs just sit back and collect it. total positions on this thing are $3.8M, about 4% of the market cap, so it's not a crowded trade, just a stubborn one.
58% of accounts are long here.
NFA đ
negative funding means shorts are paying roughly $50K a day to stay in this bet, settling every 4 hours, while longs just sit back and collect it. total positions on this thing are $3.8M, about 4% of the market cap, so it's not a crowded trade, just a stubborn one.
58% of accounts are long here.
NFA đ