Trader Doctor Profit closes QNT profit after rally from $50 to $374
- —QNT rallied from $50 to $374 in a matter of days
- —Doctor Profit fully closed his QNT position for profit
- —High funding rates signal crowded long positioning
- —Trader claims large holders are selling privately while publicly calling for buys
Why it matters: A warning of QNT overheating and possible profit-taking by large holders, raising the risk of a correction after the sharp rally.
Source: PANews