$ESPORTS Keep shorting! This wave’s big whale short positions directly crush the longs—the short open positions are as much as 5.51 million USDT, while the longs are only a little over 700,000 USDT. Now that the price has surged, the shorts are sitting on an unrealized loss of more than 5 million. There are just way too many trapped longs. As long as the market pulls back a bit, there could be a pile of short orders adding to positions up top and dumping, with extremely heavy sell pressure. Shorting in line with the trend from this level is something to consider, but don’t go in too heavy—watch the risks!

ESPORTS-6.43%
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