$UAI Update 🚨
The correction came — exactly as expected in my previous post.
$UAI dropped 38% from the $0.6017 high to around $0.3718.
But the most interesting part isn’t the price. It’s what happened to whale positioning.
- Longs: 159 whales, $4.2M, avg entry 0.4415, PnL -$792K. Before the correction they were +$1M
- Shorts: 62 whales, $2.3M, avg entry 0.3714, now flat. Before the correction they were -$1M
- OI halved, $22.2M down to $11.7M
Nearly half of the Open Interest has been wiped out.
Now I’m watching $0.35 closely.
That was an important consolidation area during the previous move higher, right before $UAI made its final leg toward $0.60.
One more thing: Treasury multisigs still haven’t moved.
If that changes, I’ll update immediately.
For now, $0.35 is the level I’m watching. 👀
The correction came — exactly as expected in my previous post.
$UAI dropped 38% from the $0.6017 high to around $0.3718.
But the most interesting part isn’t the price. It’s what happened to whale positioning.
- Longs: 159 whales, $4.2M, avg entry 0.4415, PnL -$792K. Before the correction they were +$1M
- Shorts: 62 whales, $2.3M, avg entry 0.3714, now flat. Before the correction they were -$1M
- OI halved, $22.2M down to $11.7M
Nearly half of the Open Interest has been wiped out.
Now I’m watching $0.35 closely.
That was an important consolidation area during the previous move higher, right before $UAI made its final leg toward $0.60.
One more thing: Treasury multisigs still haven’t moved.
If that changes, I’ll update immediately.
For now, $0.35 is the level I’m watching. 👀
