- LSK has the lowest ranking in Whale vs. Retail delta, signaling high retail dominance.
- LSK long positions aligned with the Whale vs. Retail analysis, where retail traders take excessively bullish stances.
The cryptocurrency market operates under a wide range of metrics that offer valuable insights into market sentiment and price trends.
One notable metric highlighting LSK [Lisk] is its ranking in the Whale vs. Retail delta, where it showed the lowest position which signaled strong retail dominance.
The impact of retail dominance
Analysis from HyblockCapital revealed that LSK ranked at the first percentile in the Whale vs. Retail delta on the histogram, marking a highly atypical scenario.
Historically, extreme retail dominance has been followed by price declines, suggesting an overinflated retail market sentiment.
This dynamic is evident in the Whale vs. Retail Delta metric, where retail traders hold a larger proportion of long positions compared to whales.
Go to Source to See Full Article
Author: Clinton Otieno