$BTW This is crazy
94 whales are sitting on over 100M in long positions with around 64M in unrealized gains on @binance alone.
Meanwhile the mcap just hit 1.5B while total spot volume across exchanges is only around 100M
Who is actually behind this?
Regardless of where the price goes from here, this setup looks completely unsustainable.
At this point I wouldn’t be surprised if it eventually goes to zero.
94 whales are sitting on over 100M in long positions with around 64M in unrealized gains on @binance alone.
Meanwhile the mcap just hit 1.5B while total spot volume across exchanges is only around 100M
Who is actually behind this?
Regardless of where the price goes from here, this setup looks completely unsustainable.
At this point I wouldn’t be surprised if it eventually goes to zero.