MYX whales are signaling: either longs get blown out or shorts get blown out—are you in? Don’t trust the chart’s fakeout; the news has already given it away.

The one-hour MACD has formed a death cross, the green bars are expanding, and KDJ’s J value is only 50, showing a weak rebound. The capital flows are even more direct: net outflows were $2.82 million over one hour and more than $12 million over 24 hours, with concentration at 33%, indicating that whales are exiting.
On the news front, the MYX team was exposed as being linked to a $170 million Sybil attack. Combined with the previous $4.78 million long position being forcibly liquidated and instantly driving the price to $8, this is a textbook case of unloading after a leveraged short squeeze.
The whales’ intention is obvious: blow out the shorts first, then turn around and blow out the longs. Opening a position now is just serving yourself up to the whales.
Trading plan: short around 0.09, targeting 0.06–0.07.
Don’t rush to buy the dip; wait until capital flows turn positive. Want to know when the whales will turn around and blow out the longs?
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