I took a look at the latest holdings of a certain coin, and it's quite interesting. The total market cap is 43 million, with the big players holding over 20 million long positions, while retail investors have about 23 million mostly pressed on the short side. To put it simply, it's now a one-man fight against everyone else.



What's interesting is that the big players' entry cost is stuck at 0.33. From this price to now, the market has not been able to rise effectively, and the plan to pump the price seems to have little effect. If this trend continues, directly dumping the market would at least result in a loss of several million dollars. So now, it's in a very awkward situation—unable to dump, unable to push up, and only able to watch as the holding costs keep climbing.

This kind of situation is indeed rare. On one hand, there's a huge long position, and on the other, overwhelming short forces. The market structure is so contrasting that how it will evolve remains to be seen. There are both opportunities and risks.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
LeverageAddictvip
· 12-18 17:44
The market maker got trapped and died, hilarious. Entered at 0.33 and still stubbornly holding on.
View OriginalReply0
BagHolderTillRetirevip
· 12-18 17:27
The dealer really can't figure out this game, still stubbornly holding on after entering at 0.33, retail investors are all bearish on him, and he still wants to turn things around? That's hilarious.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)