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Michael 897
$DOGE Meat Grinder: Where there are many people, there is little money
When $DOGE drops, those looking to buy the dip get itchy hands. But the market data pours cold water: 744 long positions, 391 short positions, with the longs nearly double the shorts. Yet the profit distribution is completely reversed—only 27.68% of longs are profitable, while 82.09% of shorts are floating profits. Calculated roughly, about 206 longs are smiling, about 321 shorts are feasting.
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