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$SKYAI
This coin's whales are extremely wealthy. The strategy used by the whales is to inject liquidity at the bottom with multiple accounts and large funds. Normally, during market development, whales would control the value of their holdings, but currently, SKYAI's holdings have already reached 100 million, which shouldn't happen with this kind of altcoin.
The smart money observed a long position of over 70 million, accounting for more than 70% of the total holdings.
At the same time, the smart money has never reduced its holdings, which is why this altcoin has a position worth over 100 million.
You see the smart money's long position profit of over 40 million, but this is just a false profit; the whales must still have huge losses on their short positions.
Currently, SKYAI's overall holdings are too large, and liquidity is extremely strong.
There are over 10 million in liquidity pools on-chain, and the contract's holdings are as high as 100 million.
We can only make directional judgments based on data logic; the details are difficult to grasp. #Gate广场五月交易分享