2026-01-18 14:32:03

FRAX surges 47% today, and on-chain data reveals interesting player movements. The long-short ratio skyrocketed to 2.10, indicating that smart money has clearly shifted to bullish in the past few hours — and the momentum is significant.

What’s even more noteworthy is the actions of the whales. Large long-position holders have pushed their average entry price up to $0.988, a level that often indicates active accumulation and a plan to hold firm at this price point.

On the other hand, on the short side, the large short whales still have a profit margin of 5.66% before reaching $1.060 — essentially betting on a rapid decline of FRAX’s peg. The tug-of-war between these forces is heating up, and market sentiment is truly lively.

FRAX2,69%

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MidnightGenesis

· 01-19 22:44

On-chain data shows a long-short ratio of 2.10. An interesting point is that the whale accumulation price is at the 0.988 level—based on past experience, this often indicates that large investors are testing support... Monitoring shows that the bears still have a 5.66% profit margin, and unsurprisingly, they are still betting on a quick pullback, creating a tug-of-war feeling.

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TommyTeacher

· 01-19 01:57

47% surge so strong, the long-short ratio of 2.10 has turned around directly. The whales' moves this time look really fierce. --- At the price level of 0.988, the whales are holding firm. It feels like the 5.66% profit on the short side might be taken away. --- Two waves of force are clashing. It feels like the FRAX drama this time is a bit interesting. Who wins or loses is not certain yet. --- Just now I was asking whether to chase, now seeing the long-short ratio like this, I kind of want to bet with the whales. --- The shorts are still dreaming of 1.060, haha. The bulls might disappoint them.

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MetaverseVagabond

· 01-18 23:59

47%? Bro, this is about to take off. The long-short ratio has been pushed directly to 2.10. Smart money is all in on the bullish side. The giant whale is holding tight at 0.988, while the bears are dreaming at 1.060. The tug-of-war on both sides is what makes it truly exciting.

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pvt_key_collector

· 01-18 14:57

A 47% increase, this big whale is really holding back a major move. The long-short ratio has skyrocketed to 2.10. This time it's getting interesting. The bulls are holding firm at 0.988, while the bears are still eager to bet on a decline. It's a tug-of-war, everyone. Smart money is moving, I'm just worried about being caught on the wrong side.

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shadowy_supercoder

· 01-18 14:56

A 47% increase without hesitation, this bullish trend is really serious. The whales are holding firm at 0.988, and the bears are waiting for a pullback. It feels like this round is about to be squeezed out.

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MidnightTrader

· 01-18 14:55

47% has doubled directly. Those who are bullish this time are really pushing the chips. Whales wouldn't increase their positions without reason.

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CrossChainBreather

· 01-18 14:42

47%？Is this really happening or just another round of cutting leeks? Let's see how long it can hold. The giant whale is firmly holding at 0.988, and the bears still want to drop back to 1.06. This situation is indeed a bit interesting. The long-short ratio of 2.10 is a bit outrageous. I have a feeling another reverse harvest is coming.

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SighingCashier

· 01-18 14:36

Whales are holding firm at 0.988, and the bears still want to gamble on a decline... This game is interesting, whoever blinks first loses.

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