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SPCX just pumped over 10% straight into a wall of sell orders worth hundreds of millions. This buy-side pressure is aggressive. 😮 On Binance SPCX/USDT perpetual, there’s a dense cluster of sell orders totaling ~$130M. About $48.41M has already been filled at an average of $157.61. Price wasn’t crushed — it actually pushed up to $164 at one point. Sells are getting absorbed, yet price keeps climbing. The urge to chase longs is getting harder to ignore.
