Short sellers on $XAG are standing on the edge of a $34M liquidation cliff and they are completely blind to it.
Over $61.71M is staked across 114 whale accounts, but the shorts are getting utterly crushed. 47 sell whales holding $34.53M are trapped deep in the red with over -$882K in unrealized losses as price holds firm at $65.30.
With price pushing closer to the long whales' $66.74 average entry, these trapped shorts are one impulse candle away from a catastrophic short squeeze. I am heavily building into my long position right now before they are forced to cover and launch this sky-high.
Over $61.71M is staked across 114 whale accounts, but the shorts are getting utterly crushed. 47 sell whales holding $34.53M are trapped deep in the red with over -$882K in unrealized losses as price holds firm at $65.30.
With price pushing closer to the long whales' $66.74 average entry, these trapped shorts are one impulse candle away from a catastrophic short squeeze. I am heavily building into my long position right now before they are forced to cover and launch this sky-high.