Sharp Post-TGE Decline: $ESP plunges 20.35% to $0.06286 on high volume, signaling profit-taking after Kaito airdrop launch spike
Whale-Led Bearish Shift: Smart money turns bearish; long/short ratio down 52%, whales cut longs (41→23), boost shorts (40→56)
Retail Follows Institutions: Traders increase shorts by 57%, aligning with smart money; most longs underwater, raising liquidation risk
Mixed Fundamental Outlook: Kaito campaign delivers 3x returns, but high fees and immediate sell-off limit retail participation and sentiment
Price Action & Technical Outlook
Price Action: $ESP down 20.35% at $0.06286, seven-day decline of -13.34%, reflecting strong distribution and spot weakness
Volume & Flow: $250.29M volume (6.38x market cap), large-taker buys ($1.58M) overwhelmed by maker sells ($1.54M), net outflow $313.5K
Market Sentiment: Extreme fear (8/100) despite 1,534 bullish posts; 96 gainers vs. 345 losers on Binance signals broad risk-off trend#CPIWatch #CZAMAonBinanceSquare #USNFPBlowout
