$UAI Update🚨
The correction came exactly as expected in my previous post.
$UAI dropped 38%, falling from the $0.6017 high to around $0.3718.
But the bigger story isn’t the price. It’s the shift in whale positioning:
• Longs: 159 whales holding $4.2M, average entry at $0.4415, now sitting at around -$792K PnL. Before the correction, they were up nearly $1M.
• Shorts: 62 whales with $2.3M in positions, average entry at $0.3714, now roughly flat. Before the drop, they were down around $1M.
• Open Interest: Fell from $22.2M to $11.7M, meaning nearly half of the OI has been wiped out.
Now I’m watching $0.35 closely.
That level was an important consolidation zone during the previous move up, just before $UAI made its final push toward $0.60.
One more thing: the Treasury multisigs still haven’t moved.
If that changes, I’ll update immediately.
For now, $0.35 is the key level I’m watching.
#UAI
The correction came exactly as expected in my previous post.
$UAI dropped 38%, falling from the $0.6017 high to around $0.3718.
But the bigger story isn’t the price. It’s the shift in whale positioning:
• Longs: 159 whales holding $4.2M, average entry at $0.4415, now sitting at around -$792K PnL. Before the correction, they were up nearly $1M.
• Shorts: 62 whales with $2.3M in positions, average entry at $0.3714, now roughly flat. Before the drop, they were down around $1M.
• Open Interest: Fell from $22.2M to $11.7M, meaning nearly half of the OI has been wiped out.
Now I’m watching $0.35 closely.
That level was an important consolidation zone during the previous move up, just before $UAI made its final push toward $0.60.
One more thing: the Treasury multisigs still haven’t moved.
If that changes, I’ll update immediately.
For now, $0.35 is the key level I’m watching.
#UAI
