9 hours ago

Binance Top Traders Go 69% Long on DOGE, Betting on $1 Target

TLDR: Binance’s highest-volume traders now hold over 69% long exposure on Dogecoin, per the latest positioning data. The long/short ratio crossed 2.2, driven by position size increases rather than a rise in trader headcount. DOGE’s current monthly consolidation structurally resembles the quiet phases before its 2017 and 2021 surges. Bitcoin-driven capital rotation into meme assets [...]

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Source: Blockonomi →