shorts are paying 1.2% every hour to bet against a coin that's already up 129% today. that's not a fee, that's a toll for standing on the tracks.
$IOST doing this while BTC barely blinks at +0.4%, same story on binance and bybit both. $28.2M sitting in these positions, losers bleeding ~$1M a day, and another $1.2M just walked in over the last hour while price presses fresh highs.
crowd's still 61% short into this. someone's clearly wrong here, question is how much more they can afford to be wrong before they tap out. who are you betting on, the funding bill or the chart?
$IOST doing this while BTC barely blinks at +0.4%, same story on binance and bybit both. $28.2M sitting in these positions, losers bleeding ~$1M a day, and another $1.2M just walked in over the last hour while price presses fresh highs.
crowd's still 61% short into this. someone's clearly wrong here, question is how much more they can afford to be wrong before they tap out. who are you betting on, the funding bill or the chart?