#MOVE $MOVE This market looks interesting. Although the price is falling, the position value of the bearish whale (2.27M) is more than twice that of the bullish whale (0.84M). Moreover, the average opening price of the bearish whale (0.0411) is lower than that of the bullish whale (0.0432). This indicates that smart money has positioned more short positions at a lower cost area, and they are currently at zero profit and loss, showing good cost control. Although the number of bullish whales (77) is slightly higher than that of bearish whales (63), their positions are being crushed by the bears, and the average cost of bullish whales is higher, with unrealized losses reaching 107,700. Considering the current price of 0.03745, the cost advantage of the bearish whales is obvious, and the downward market momentum may be stronger.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#MOVE $MOVE This market looks interesting. Although the price is falling, the position value of the bearish whale (2.27M) is more than twice that of the bullish whale (0.84M). Moreover, the average opening price of the bearish whale (0.0411) is lower than that of the bullish whale (0.0432). This indicates that smart money has positioned more short positions at a lower cost area, and they are currently at zero profit and loss, showing good cost control. Although the number of bullish whales (77) is slightly higher than that of bearish whales (63), their positions are being crushed by the bears, and the average cost of bullish whales is higher, with unrealized losses reaching 107,700. Considering the current price of 0.03745, the cost advantage of the bearish whales is obvious, and the downward market momentum may be stronger.