The clueless short sellers are about to be completely liquidated in the next leg up!
While stubborn traders keep fighting this massive +16.63% rally on $BTW at $0.0766600, elite accounts are aggressively positioning for an absolute explosion. Look at the Smart Traders Overview: 326 total traders are holding 3.84M USDT in positions, with a skyrocketing Notional Long / Short Ratio of 217.50%! An army of 200 long traders is already dominating the market, sitting on a beautiful +$206,064.55 in unrealized profit from a sharp average entry of 0.0706598 USDT. The 126 short sellers are trapped, desperately holding a weak 1.21M USDT position. With a high 0.0277% funding rate ticking down over the next 02:31:29, these shorts are paying a massive premium just to stay alive before getting crushed. I am going long right now because missing this massive momentum means chasing a much higher price very soon!
While stubborn traders keep fighting this massive +16.63% rally on $BTW at $0.0766600, elite accounts are aggressively positioning for an absolute explosion. Look at the Smart Traders Overview: 326 total traders are holding 3.84M USDT in positions, with a skyrocketing Notional Long / Short Ratio of 217.50%! An army of 200 long traders is already dominating the market, sitting on a beautiful +$206,064.55 in unrealized profit from a sharp average entry of 0.0706598 USDT. The 126 short sellers are trapped, desperately holding a weak 1.21M USDT position. With a high 0.0277% funding rate ticking down over the next 02:31:29, these shorts are paying a massive premium just to stay alive before getting crushed. I am going long right now because missing this massive momentum means chasing a much higher price very soon!