$ORCA up 32.3% while BTC sits dead flat at +0.1%, and shorts are still paying 0.374% every 4 hours to fade it.
price pressed sideways the first half of the day then tore straight to fresh highs. no news behind it that explains the move. fresh wallets added $2.8M, top-PnL traders added $1.1M across just 2 wallets, whales trimmed $147K. same positioning on both Bybit and Binance, so it's not one exchange's quirk.
$6M OI backing a $28M volume day is thin ice for a move this stretched. shorts keep funding a bleed with no end in sight. NFA
price pressed sideways the first half of the day then tore straight to fresh highs. no news behind it that explains the move. fresh wallets added $2.8M, top-PnL traders added $1.1M across just 2 wallets, whales trimmed $147K. same positioning on both Bybit and Binance, so it's not one exchange's quirk.
$6M OI backing a $28M volume day is thin ice for a move this stretched. shorts keep funding a bleed with no end in sight. NFA