crypto analysis

07/22 23:35

$2.16M of PUMP outflow, sign of accumulation?

$2.16M of PUMP outflow, sign of accumulation?

However, trader sentiment remained unchanged as they continue to bet on the short side.

Data revealed that PUMP’s Long/Short Ratio stood at 0.88, at press time, indicating strong bearish sentiment among investors.

Notably, only 47% of traders were taking long positions, while 53% were on the short side.

When combining these metrics, it appears that bears are dominating the asset; however, the potential PUMP accumulation could slow down the pace of the price decline.

#HTX 12th-Anniversary Carnival#Check In Daily, Win Prizes Daily — Join the Fun!#Claim1,200 USDT in the Monthly Creation Challenge#Do you think DELOREAN is promising?#HTX Crypto Gifts Carnival Is Live!

77Share