Thinking $SOL is going to magically bounce back today is pure, dangerous cope.
Retail keeps catching falling knives on $SOL , but the institutional whales are brutally dumping on them. 199 short whales hold an overwhelming $232.07M in short positions, sitting pretty on +$9,111,212 in profits with a 75.37% win rate. Meanwhile, 106 long whales are trapped underwater losing -$3.09M.
I am staying heavily positioned in my short on $SOL because the short momentum has way too much firepower left before any real support is hit.
Retail keeps catching falling knives on $SOL , but the institutional whales are brutally dumping on them. 199 short whales hold an overwhelming $232.07M in short positions, sitting pretty on +$9,111,212 in profits with a 75.37% win rate. Meanwhile, 106 long whales are trapped underwater losing -$3.09M.
I am staying heavily positioned in my short on $SOL because the short momentum has way too much firepower left before any real support is hit.