📉 Whales Are Showing Renewed Interest in Shorts and Closing Longs Around $95K! 🐋💥
If the metric continues to decline, it’s likely that BTC will also correct. If not, the uptrend may continue. That’s the signal from the Whale Position Sentiment!
🔍 This innovative indicator tracks aggregated Open Interest alongside the largest trades (≥ $1M) across major exchanges. It acts as a sentiment oscillator, revealing how big players are positioned in crypto derivatives.
📊 When the metric starts to drop — even as price rises — it’s a sign that whales are entering short positions. When it climbs, the price often follows, signaling long positions by whales.
✅ With a 93% historical correlation to Bitcoin’s price action, this metric is a powerful compass for identifying market tops and bottoms.
Stay alert: the next big move might be forming right now.
Alphractal
