LIGHT Token Latest Market Update: The situation for shorting whales is becoming increasingly tight. According to on-chain data, 14 whales that originally participated in shorting have already chosen to escape, and only 63 remain holding short positions. These large holders who are committed to shorting have been trapped with over 6.65 million tokens, and their average liquidation price has risen to 8.57 USDT.
From a technical perspective, a short squeeze is brewing. As long as investors avoid opening new short positions, even holding a small number of long positions and remaining on the sidelines could benefit from a direct price surge. Market forecasts suggest that LIGHT could break above 4.5 USDT.
Advice for long holders: set take-profit orders above 8 USDT to lock in gains while participating in the subsequent rally. When the short positions are completely exhausted, it will be the true breakout moment.
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VibesOverCharts
· 13h ago
Whales are bleeding out. Is this short squeeze really happening this time?
6.63 million chips are trapped, it hurts to watch...
Is it real? Can LIGHT still surge to 4.5? Let's see if it can hold steady first.
The guys shorting probably aren't sleeping well now, with a cost of over 8 bucks...
Instead of waiting for a breakout, it's better to protect your own chips first.
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SandwichTrader
· 22h ago
Haha, this wave of short sellers is going to get trapped to death. It looks pretty satisfying.
As for squeezing, it all depends on who can hold out longer.
6.65 million tokens trapped? Serves them right; all shorts deserve to lose.
I'll just watch quietly, as long as I don't lose money.
Only when they all stop out will it truly take off.
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DegenGambler
· 22h ago
Whales are all running, this is the real signal. 6.65 million coins are trapped and suffering so badly yet still holding on, they deserve it.
Short squeezing is so satisfying, you can make money just by doing nothing, who wouldn't be tempted?
Friends who bought in at $8, this wave is stable, just wait to count your money.
It's another prediction of around $4, aren't these analysts getting tired? Let's see if it can break through.
The bears are dead set, the bulls are the true dominators, the rhythm is spot on.
This wave has made whales lose a lot, lessons must be learned, not everyone can go against retail investors.
With an average price of $8.57, greed has driven the cost too high, it was time to sell long ago.
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UnluckyValidator
· 22h ago
The bears are frantically cutting meat, and this wave may really take off
The whales are starting to run away, what does it mean... After setting 6.65 million pieces, how much pressure is resistant
If you have more than 8 yuan, you have to run, and there are more lessons in blood
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ForkItAll
· 22h ago
Whales are fleeing, and the rest are just holding on desperately. The feeling of short squeeze is indeed satisfying haha
Wait, is this data reliable? 6.65 million coins trapped? That's a bit outrageous
Placing an order at 8 yuan to lock in profits sounds good, but be careful of repeated cuts
Really not sure if it will crash when it breaks through, I've seen too many stories like this
To the guys holding short positions, I truly feel for you
Is it still okay to jump in on the long side now? Feeling a bit worried about getting caught holding the bag
Wow, 63 whales are trapped, is this the legendary despair?
Breakthrough above 4.5? Let's believe it for now, I'm just here to watch the show
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CafeMinor
· 22h ago
14 whales have run away this time, and the bears really can't hold on anymore.
Just go ahead and short, I don't have many short positions anyway, just watching the show.
6.65 million tokens are trapped, it hurts whoever is holding them. Luckily, I went to grandma's house during this wave.
Waiting for the price to go above $8 to place take-profit orders, and then play it safe.
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MetaverseHomeless
· 22h ago
The whales are really getting anxious this time, holding 66.5 million tokens with a stubborn sell order up to 8.57, hilarious.
Short squeeze situations really depend on who has the stronger mental resilience.
Watch out for take-profit levels above $8, don't be greedy.
LIGHT Token Latest Market Update: The situation for shorting whales is becoming increasingly tight. According to on-chain data, 14 whales that originally participated in shorting have already chosen to escape, and only 63 remain holding short positions. These large holders who are committed to shorting have been trapped with over 6.65 million tokens, and their average liquidation price has risen to 8.57 USDT.
From a technical perspective, a short squeeze is brewing. As long as investors avoid opening new short positions, even holding a small number of long positions and remaining on the sidelines could benefit from a direct price surge. Market forecasts suggest that LIGHT could break above 4.5 USDT.
Advice for long holders: set take-profit orders above 8 USDT to lock in gains while participating in the subsequent rally. When the short positions are completely exhausted, it will be the true breakout moment.