$WIF looking shaky right now
On-chain data from Coinglass shows a clear bearish tilt:
• Funding rate is negative at -0.00103% — traders are paying to stay short
• Long/Short ratio sits at 0.944, meaning short positions are slightly in control
• Around 51.44% of traders are betting against $WIF
Sentiment’s not in its favor and if this keeps up a price drop could be next 🤝