2026-01-12 00:23:27

XMR's recent market movement indeed came quite quickly. The market cap has already surged to 70 billion, with the overall ranking stable at 13th place. Many people are beginning to reflect on what position it can actually reach.

Looking at the contract data, the situation is quite interesting. The bullish whales hold positions worth around 9 million USD, while the bears have only about 3 million USD. On paper, the strength comparison between bulls and bears seems quite uneven. But what's interesting is that the current market's contract funding scale isn't particularly large, which is somewhat puzzling—are truly institutional players driving the market, or are retail investor sentiments pushing it?

For traders who are already in short positions, it's indeed time to reassess their holdings. With such a large market, the capital-driven momentum is relatively moderate, and the subsequent trend might be more complex than expected.

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MEVHunter

· 01-13 23:06

9 million longs vs 3 million shorts, this ratio is just ridiculous... The contract size is so small yet it can push so high, there must be some interesting moves in the mempool.

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TokenVelocity

· 01-12 18:46

9 million vs 3 million, this ratio just doesn't look right, feels like someone is hyping it up Humans are definitely chasing the highs, I think I'll stay on the sidelines, this rhythm is too strange Whales are holding so much, any future exit will be problematic, understand? The contract market is so small yet it can push so high, what does that mean... retail investors need to be more cautious 700 billion market cap stays steady at 13th place, but it seems like the real money hasn't followed, strange

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TrustlessMaximalist

· 01-12 00:58

The 9 million for whales sounds impressive, but with such a small contract size? It feels a bit fake.

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AirdropHunter9000

· 01-12 00:53

9 million longs vs 3 million shorts, the data looks quite skewed, but the overall market size isn't big, feels a bit虚 (uncertain or illusory)

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TopEscapeArtist

· 01-12 00:53

A $9 million position just pushed the market up? I just laughed. Isn't this just an overbought sentiment indicator, a typical retail relay?

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DegenWhisperer

· 01-12 00:42

This rally is a bit outrageous, with a market cap of 70 billion just like that. I'm wondering if the momentum is enough to sustain it. Over 9 million longs versus 3 million shorts, it looks overwhelming on paper, but with such a small contract size, who's really pushing it? It feels like smoke and mirrors. The shorts should be panicking now, but to be honest, the market isn't that hot right now. I suspect there are still variables ahead.

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DegenWhisperer

· 01-12 00:36

700 billion market cap contract funds are so moderate, it just feels like something's not quite right.

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WenMoon42

· 01-12 00:35

Whale 9 million vs retail investor sentiment, why is this situation so bizarre?

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AirdropAnxiety

· 01-12 00:33

700 billion already, this move is a bit outrageous. Feels like the whales are just hyping themselves up? Short brothers should cut it, really. With this amount of money in contracts, it can't support this game. How are we going to play it later... Institutions? Retail investors? Anyway, I can't understand it anymore.

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