$LSK /USDT Whale Update

Whales are currently showing an interesting battle on LSK.

The total whale exposure is around $4.54M, with buyers holding a larger share of the positions. However, the current market move has not been kind to them, as most long positions are sitting in unrealized losses of over $1M.

On the other side, short-position whales are fewer but are currently enjoying the move, with nearly $487K in unrealized profit.

My view: The setup shows that bulls are still defending their positions, but bears have the advantage at the moment. A strong recovery could put pressure on shorts, while further weakness may force long traders to reduce exposure.

The next move will decide which side of the whale battle wins. 🐋

#LSK #crypto #WhaleAlert

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