Whale Factor|Aug 27, 2026 18:17
🐋 WHALE WATCH : Perpetuals are completely driving the market right now
CryptoQuant' Joao Wedson reports Binance spot volume sits at just 10% of perpetual volume.
We are living in a 10:1 paper to spot ratio. When derivatives get this lopsided relative to actual spot buying, one unexpected candle can clear out millions in open interest in minutes.
Respect the leverage or get flushed.(Whale Factor)
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