DASH Green Candle Covers Whale Trap: 127 Sell Addresses Await Price Collapse

StakeOrRegret · 2026-02-02T14:14:13+00:00

The essay warns against hasty optimism in DASH's price rise as smart money prepares for a downturn. With 127 whales selling for profit and 101 facing losses, the concentration of ownership indicates potential price manipulation. Crucial support levels signal a possible collapse, suggesting a cautious trading strategy should be adopted.

StakeOrRegret

2026-02-02 14:14:13

Abstract generation in progress

Don’t rush to celebrate this upward movement. While small traders celebrate seeing a green candle in DASH, smart money is preparing for a strong downward move. Current data reveal a concerning picture: 127 whale addresses are opening short positions in profit, while another 101 whales are suffering floating losses exceeding $1 million in their buy trades.

Chain Data Warning: Smart Money Selling While Small Traders Are Buying

The current dynamics are clear: when retail investors buy enthusiastically, large funds push downward. The concentration of addresses in the Top 100 has reached 39.10%, indicating a high ownership concentration among major holders. This gives them enormous power to move the price in any direction they choose.

The gap between the number of whales in sell positions (127) and buy positions (101) is not coincidental. The selling whales are making profits, while buyers are trapped in losses. This historical pattern suggests that the current rally could be just a trap to attract more liquidity before a sharp collapse.

Critical Candle Levels That Will Determine the Fate of the Rise

Current Price: $43.85 with a -0.52% decline in the last 24 hours.

Key levels to watch:

First Resistance Zone: $63.60 - $65.00 (where the price tests the 99-period moving average - EMA99)
Decisive Signal: If a candle closes below $61.50 strongly, it confirms that the rally was a false move and that a collapse has actually begun
Downside Price Target: $55.00

The data makes the reason clear: the price is hitting strong resistance at EMA99, and chain analysis shows massive selling pressure from big funds. Buying whales are trapped and losing their capital, increasing selling pressure from buyers.

Trading Plan: Wait for the Break to Confirm the Trend

Expected trend: Bearish (look for a sharp correction)

Trading strategy: Do not enter now. Patience is key. Wait until a candle clearly closes below $61.50 to confirm a break of the critical level. At that point, the trend will shift from neutral to clearly bearish.

Limited risk: Place a stop-loss just above $65.00. The potential gain is significant: target $55.00 and below.

Remember: Data does not lie. When whales move against the surface trend, they are often right.

DASH-14,44%

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