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$VVV Should I continue holding the short position?
This position address is way overinflated; on-chain 24-hour volume is only $1.1575 million, and exchange contract transactions are only 25.75 million. Over 120k holding addresses can't support real liquidity at all.
The price is being artificially pushed up by whales controlling the market; without genuine turnover, it's a typical whale-controlled market.
This kind of token is risky whether going long or short, no wonder no one is trading contracts.
These whales won't induce a short squeeze; they should dump to liquidate me, inducing a short squeeze.