[ Professional Market Snapshot ]
WALUSDT perpetual is currently trading near $0.130, down just over 2%, but derivatives data highlights a clear imbalance in positioning. Both smart traders and whales are leaning net short, with shorts not only dominating in size but also remaining firmly in profit.
Smart traders hold approximately $955K in total exposure, with shorts outweighing longs despite a near-even trader count. Long positions entered around $0.134 are now underwater, while shorts with average entries near $0.156 show strong unrealized gains exceeding $100K.
Whale data mirrors this structure. Of 116
#whale accounts, short positions control over $510K, with nearly 90% profitability on the short side. Long whales remain in loss, signaling that downside pressure has yet to fully exhaust.
This positioning suggests continued caution in the short term, with price likely needing a catalyst or liquidity sweep before any sustained reversal attempt.
$WAL @Walrus 🦭/acc