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Everyone is well aware of $ORDI and like April 16th, a massive bullish candle directly pushed from $3.4 to $9.6, and even briefly broke $10.7 on the 17th?
Currently, ORDI has been hyped up after a wave of inscription enthusiasm, and what remains is the dog whale dumping at high levels. Many people got caught in the high position chasing the rally. How could the dog whale easily let this wave resolve? Currently, on-chain funds for ORDI are continuously fleeing, and the price is also steadily declining, clearly showing a downward trend in the short term. So, Old K has laid out a short position.