Bloodbath Prophecy: The multi-headed whale of CHIP has collectively fled, and the last hanging sword is about to fall!

In the past 24 hours, the entire CHIP network has been liquidated for over $1.03 million, including long positions totaling $655k—these are not just numbers, but the bones of countless bottom-fishers.

More importantly: the initial long whales have all cut their losses and exited.
Currently, only two addresses on the chain remain with open short positions near 0.08, and the backbone of the longs has been completely broken.

The current market trend is now dominated by the bears:

· If it falls below 0.065, the total liquidation strength of the bears will reach $6.5 million → a chain reaction of liquidation will trigger
· If it breaks through 0.084, the total liquidation strength of the bears is also $6.5 million (but based on current funding fees and position structures, the probability is much lower than the former)

Long: Not recommended at the moment.
Short: Set your stop profit and stop loss properly; don’t turn your short positions into fuel.

The script for CHIP is already written: the big whales have fled, and what’s left is a hunting ground. $CHIP