Thanks bullass for the fake pamp. I've been enjoying the shorts for days.

$36k on the table 🐻

Whales are accumulating at these dips.
Their holdings are now the highest since September of last year.

This pump completely liquidated all shorts, the funding rate has reset. Now a free fall.

Really funny 😄
Thanks kingfisher

When capitulation?
36?
33?
27?

Free fall ✅

🔴 #BTC Liquidated Long: $980K at $38454.05

The first cluster is gone.

Iykyk

The only thing that saves bitcoin is the funding rate. As soon as bitcoin falls to $500-$1000 there are immediately aggressive shorts. MM will rekt such fools anyway before the main drop down.

If you compare it to the previous crash in May, there was a capitulation on May 19 and the funding rate that day was -0.1475 and then stayed -0.025 for a few days.

Now the rate is only negative on some days, which says that the fools are aggressively shorting the local dips. And the minimum funding rate was only -0.013.

capitulation ahead

Hell yeah 🐻

Why does FTM lose so much? Top loser today