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$RIVER #Gate广场四月发帖挑战 Oh wow, the big players are really going all out.
In half an hour, they've sold off 2.2 million, twice as much as they've bought, indicating they're trying to dump the market. The price has been pushed down from 10.8 just now to below, and the support at 10.5 probably won't hold. Large traders have an open short position with an unrealized profit of 3.81 million, a profit ratio of 95.87%, making a huge profit. Now they are starting to sell off again.
The liquidation walls are at 10.25 and 9.43, indicating the big players are about to sweep the market.
Remember: Don’t go against the trend. The big players hold 17 million in short positions, with nearly 100% profit. They are now thinking about how to lock in their profits, not about boosting your position. Small positions can go short, but be sure to set your stop-loss properly.