$WIF WHALE SHAKEDOWN!
$47,070 Long Liquidated at $0.55615 — The Bears Just Took a Bite!
A massive $47K long position in $WIF just got wiped out at $0.55615, triggering a liquidation cascade and signaling panic among leveraged traders.
This level was a high-risk zone where bulls overleveraged, expecting a breakout — but instead, the market snapped back hard. That long position? Gone in seconds.
What it means:
Stop-loss hunters are active
Price is vulnerable to more downside unless volume supports a reversal
If bulls can't reclaim $0.56+ fast, we might test $0.52–$0.50 next.
Current Strategy:
Buy zone (speculative): $0.515–$0.530
Target: $0.580 / $0.610
Stop-loss: below $0.500
WARNING: This market is not for the weak hands — whales are playing dirty.