The net short position of $PNUT has been increasing for the past 12 hours. Combined with the funding data, there hasn't been much change in positions over the past 12 hours, but there has been an outflow of 27 million; there was an outflow of 21 million in just 8 hours. It is not recommended to chase long positions as it can lead to being trapped. If you want to short, you can try a small position and wait for a slight pullback before shorting (this kind of pullback is generally caused by closing short positions). If it goes up while opening long positions, one must be cautious. Yesterday, over 10 million was spent to push it up, and over 20 million has already flowed out; the methods of the main force are inscrutable.
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