Binance delisting news hit $PTB and it's down ~34% to 0.0004707.
What caught my eye is the positioning. Retail account long/short ratio is sitting at 3.28, so most accounts are long. But top trader positions are only at 1.12. Big players clearly aren't holding anywhere near the same long exposure. The retail crowd is carrying most of the longs into this drop.
Delisting dumps aren't normal dips. Market makers pull bids, liquidations stack up, and price just slides. Not touching this one.
What caught my eye is the positioning. Retail account long/short ratio is sitting at 3.28, so most accounts are long. But top trader positions are only at 1.12. Big players clearly aren't holding anywhere near the same long exposure. The retail crowd is carrying most of the longs into this drop.
Delisting dumps aren't normal dips. Market makers pull bids, liquidations stack up, and price just slides. Not touching this one.