$W pushed up to a $319K sell wall at 0.0320 and got rejected. Right behind it sits $672K of short liquidations between 0.0326 and 0.0331.
Positioning now:
- Whales 62% long, down from 74% a week ago
- Crowd only 40% long, was 57%. Most of the crowd is short a +65% move
- 116 short whales hold $3.7M from avg 0.0225, down $764K
- Long whales avg entry 0.02626, about 7% under price
Short whales need a 20% drop just to break even, so they have the least room here. If the wall breaks, the liquidations above can start feeding each other; if it holds, 0.0263 is where long whales defend.
Positioning now:
- Whales 62% long, down from 74% a week ago
- Crowd only 40% long, was 57%. Most of the crowd is short a +65% move
- 116 short whales hold $3.7M from avg 0.0225, down $764K
- Long whales avg entry 0.02626, about 7% under price
Short whales need a 20% drop just to break even, so they have the least room here. If the wall breaks, the liquidations above can start feeding each other; if it holds, 0.0263 is where long whales defend.