A big move is coming. Starting at 0:00 today, bots have clearly begun accumulating positions. Based on open interest and price action, they’re likely building both long and short positions. Considering the price has remained stagnant while spot positions are being established, Total network open interest has now surpassed the circulating market cap. There’s likely a script here— I’ve never seen a trading operation like this before. I’m probably wrong, but let’s wait and see—tomorrow morning we’ll know more. https://t.co/iEom8xCyoX
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