AVAXUSDT Whale Update 🐋📉
Whale positioning is heavily bearish at the moment.
🔴 204 whales are holding short positions worth $20.53M, with over $7.3M in unrealized profit.
🟢 Only 89 whales remain on the long side, and just 21.34% of them are currently profitable.
The current whale positioning suggests that sellers still have the upper hand. However, always remember that sentiment can change quickly if buying momentum returns.
Trade with proper risk management and never rely on a single indicator.
NFA – Not Financial Advice.
#AVAX #Futures #whales