$LSK LONG POSITIONING JUST TOOK A SERIOUS HIT. 🩸
Earlier:
🟢 $10.03M in long positions
💰 +$5.96M unrealized PnL
Now:
🟢 $7.18M in longs
💰 +$2.44M unrealized PnL
Price: $0.82308
That’s a heavy drop in long exposure, while millions in unrealized profits have already been erased.
Profit-taking + liquidation pressure are clearly hitting the market. ⚠️
But now the real question is:
👀 Has $LSK finally flushed enough to build a base, or is another downside sweep still waiting?
This is where watching positioning becomes critical. 📊
Manage risk. Don’t chase leverage. NFA.
Earlier:
🟢 $10.03M in long positions
💰 +$5.96M unrealized PnL
Now:
🟢 $7.18M in longs
💰 +$2.44M unrealized PnL
Price: $0.82308
That’s a heavy drop in long exposure, while millions in unrealized profits have already been erased.
Profit-taking + liquidation pressure are clearly hitting the market. ⚠️
But now the real question is:
👀 Has $LSK finally flushed enough to build a base, or is another downside sweep still waiting?
This is where watching positioning becomes critical. 📊
Manage risk. Don’t chase leverage. NFA.
