What happens when the crowd’s L/S falls but top traders stay long? Quick primer: crowd L/S counts accounts, long vs short. Top traders’ L/S weighs the biggest accounts by position size. When price rises and the crowd turns short while the big accounts hold their longs, the new shorts can become fuel for a squeeze. I tested it on 318 Binance perps. 23 cases: 11 spiked 20%+ within two days, 2 more than doubled. But only 5 were still higher after 48 hours. So it raises the odds of a spike, not of a lasting move. Funding, open interest and the order book matter just as much. ethereum:0xc477b6dfd26ec2460b3b92de18837fd476ea7549 is in this exact setup right now. Which way do you think it goes?

The wallets I’ve watched for 5 days just moved. Minutes ago, 4 of the 6 wallets that got 1.37B ethereum:0xc477b6dfd26ec2460b3b92de18837fd476ea7549 from the Safe sent everything to KuCoin deposit addresses: ~986M, about $6.8M. Small tests went first, then the full balances. The other 2 sent tests too and still hold 385M. Last round, the same step came 4 hours before a 45% drop in one hour.