
Post
MBilal4838
🚨 $FIL SHORTS ARE STACKING UP AGAIN
The number of $FIL short positions is now roughly one-third higher than longs.
One possible explanation? Miner hedging.👀
Miners holding $FIL can sell their spot holdings when price rises, while using short positions to hedge downside risk if price falls.
That creates a difficult setup for bulls: selling pressure on the way up + downside protection on the way down.
And with roughly 365,000 $FIL unlocking every day, the supply pressure deserves attention

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