$EDU just pumped 49% in a single day. But what if this isn't a rally—what if it's bait? Big wallets may already be leaving while everyone else rushes in. The numbers tell a different story than the hype.
The total money inflow shot past 3.8 million, which looks bullish on the surface. But the funding rate flipped sharply negative to -0.8714%, meaning long traders are now paying heavily to stay in position. This usually happens when the long side is overcrowded and the market starts tipping against them.
At the same time, the long/short ratio spiked above 2.8 recently, showing that over 70% of traders were positioned long. That’s a dangerous imbalance. After the pump, sell volume began to rise and the futures price dropped below the spot price—a bearish sign that confidence is fading fast.
All this suggests the move could be driven more by hype than substance. It’s the kind of setup where smart money pumps, attracts late buyers, and exits while retail traders get trapped at the top.
Be cautious and don’t let FOMO override your risk management.