🚨 Wintermute’s growing short exposure coincides with a sharp drop in BTC, ETH, and XRP, wiping out nearly $100M in longs within an hour. This suggests aggressive positioning against recent rallies, potentially signaling near-term bearish pressure across major altcoins. Traders should watch for follow-through selling or a possible short squeeze if momentum shifts.
Is this the start of a deeper correction or a trap for overleveraged shorts?
#ETH #XRP

$BTC #TradingSignal #CryptoAnalysis