$LAB Are you crazy? The whale long-short ratio is 992%. What are these crazy people thinking?

Whales don't see “interest” as money at all.
The current funding rate is 0.1577%. What does that mean? Every 4 hours, the longs get cut by a slice. But look at the whale long-short ratio: 992%. These top players would rather pay sky-high “protection fees” than give up their longs, indicating that they believe the upcoming rally is enough to cover this tiny rain.
Their average cost is around 1.50, now doubled, with a profit ratio still steady at 83%. What does this mean? The main players haven't been taking large profits; they’re still hungry!
That needle looks scary, but it’s just typical “liquidating leverage.” Cleaning up makes the market healthier, and after changing hands, the chips are lighter.
Trying to go against the trend and top out now is like playing with fire. Following the whale’s flow, a pullback is an opportunity to add tickets and get on board. If you still want to short now, I can only say you’re fighting against the smartest and wealthiest people in this market.
In this kind of market, only buy, don’t sell. $LAB