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There is a big player who shorted $RAVE and lost over two million USD 💥💥💥
Two million USD—how many people can earn that in a lifetime?
He’s not unaware, maybe he trusted his judgment too much. Thinking it’s overbought and should fall, thinking a correction is coming, thinking the whales are about to dump.
But in a market like RAVE, with a chip concentration of 96%, an OI/spot ratio of 102.9%, the shorts can’t find any coins to close their positions. This isn’t a normal market; it’s a controlled game by the whales.
In such a situation, shorting isn’t a mistake in judgment; it’s choosing the wrong battlefield.
That’s why Sister Long always says: Risk control first, stop-loss second, profit third.
Don’t fight the market, and even less, fight the whales.