# M

1.54M
#M Whale opened a short position of $700k at 1.8, so this coin can't fall further because the whale has enough margin. The market maker also doesn't have the strength to absorb the loss, so the price has been staying high. Look at this unreasonable market cap—how can a coin with no backing and unknown status have a billion-dollar market cap? As long as this short position isn't closed, the price definitely won't drop. Let's see whether the dog market maker or the whale has more strength and patience. Once the direction is clear, there could be a dozens-fold drop. The market maker hasn't made a
View Original
  • Reward
  • Comment
  • Repost
  • Share
Load More

Join 40M users in our growing community

⚡️ Join 40M users in the crypto craze discussion
💬 Engage with your favorite top creators
👍 See what interests you
  • Pin