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SNDK plunged 200 points overnight! Are all the 2,200 longs wiped out? Smart money is up 73% and ready to smash the market—are you still stubbornly holding on?
Brother Wan’s take: 2040 is just a psychological cover-up. Smart money has massive unrealized gains. Any rebound is your window to cut positions; holding a position is basically suicide.
Last night, SNDK dumped 200+ dollars. Brothers who chased longs above 2,200—are your palms sweating now? Price is barely being propped up at 2040, but the order book is on the brink—cutting losses is hard, and you’re even more afraid of getting liquidated if you hold. You’re stuck between a rock and a hard place.
Liquidation data is brutal: in the past 24 hours, long liquidations totaled $2.18M, accounting for nearly 89%; shorts were only $270K. The main force is clearly flushing out longs—leveraged traders are left strewn everywhere.
Even more deadly is the smart money: B222 holds $82.31M, average price 1919, up 26% unrealized; S215 holds $85.4M, average price 2171, up 73% unrealized! The two whale accounts combined have $167M in positions, and the long-short ratio is as high as 96.38%—they can take profit and dump at any moment. Breaking through 2,000 is just a blink.
Don’t forget the AI sector is collectively retreating: Micron, SK Hynix, and SOXL are all liquidated across the board, and capital is fleeing. Is 2040 the bottom, or just a continuation of the drop? Once the whales start selling, the 2,200 longs will instantly turn into liquidation orders!
Brothers, don’t stubbornly hold on anymore. I’m Brother Wan—expert at treating every kind of position that gets stuck. In the comments, type “1,” or send me a screenshot of your position + your cost basis, and I’ll give you a one-on-one diagnosis—do you add to your position to lower your average, or reduce losses on a rebound? Tailor your escape route. The market doesn’t wait for anyone—one step late, and your account goes to zero!
#沃什宣告终结前瞻指引 #Gate股票转仓功能上线 $SNDK