Post
BITCOIN_
$IRYS π
π
π
: 600% Rally, But Who's Really Winning?
IRYS has surged over 600%, creating a massive imbalance between profitable bulls and struggling bears.
Smart Money longs are sitting on $9.23M in unrealized profits, while shorts face $1.7M in losses.
But the real warning is funding at 2%. Holding longs has become extremely expensive, suggesting overheated bullish sentiment.
My view: Momentum remains strong, but the risk of a violent correction is rising.
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$67,249.7-0.02%
ETH/USDTEthereum
$1,903.83-0.02%
SOL/USDTSolana
$75.84-0.05%
Todayβs market buzz
1#NVIDIA contacts Arm CEO Haas, internally predicting new CEO candidate
2#US October PPI year-on-year 6.5% below expectations
3#Anthropic launches IPO roadshow, valuation rebounds to $1.8 trillion
