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Antino ‘The Useless bull’♉
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Antino ‘The Useless bull’♉
@TheAlphaMaxi
Spotting 100x gems before they pump Crypto trader, NFA
Joined Şubat 2024
3.5K Following3.2K Followers

a lot of people see a downtrend and drying volume in $USELESS right now and just assume everyone's checked out. they aren't looking at who is actually doing the selling, or who is buying what's being offered.
when you zoom out, there are wallets quietly accumulating thousands of dollars worth, patiently adding to positions while things look 'boring'. this isn't random. it's conviction.
and with over $18M in open interest, making up more than 26% of market cap, it's clear the derivatives crowd is watching $USELESS too. patience during these quiet periods is how you catch the real moves later.

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some interesting things bubbling up under the surface for $USELESS. over the last 24 hours, the bigger wallets (the 'whales') are net buying $2,077 worth of $USELESS. meanwhile, the smaller wallets - sharks, dolphins, fish - are all net selling. seems like the same old story: patient money quietly stepping in while others look away.

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people might see a red day for $USELESS and scroll past, but the quiet attention in other corners is telling. we're talking nearly $18M in total open interest across perp exchanges.
that's an OI to market cap ratio of 26.2%. derivatives desks are paying close attention to $USELESS, even while the chatter might be elsewhere.
at a $68M market cap, this thing is still incredibly early compared to the multi-hundred million and billion dollar memecoins that came before it. the window for patient positioning is wide open for those who see beyond the day-to-day noise.

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this is the part people look away from. for $USELESS, the big wallets (whales) are net buying over $33,500 in the last 24 hours.
meanwhile, everyone smaller – sharks, dolphins, fish – are net selling. feels like a quiet transfer of coins into stronger hands, as it often does in these windows.

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@theunipcs All solana:Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk when u can bid the fastest horse
Deutsch

while i am mostly a memecoin guy
i must admit that a lot utility tokens are ridiculously cheap here
i mean i understand that 99.9% of them are useless vaporware, but still... they're hard to fade with most of them down 99%
tell me:
what utility plays should i be bidding at the lows here?
shill me your coins!
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a lot of folks focus on spot price, but $USELESS is quietly pulling in serious action on perp desks. total open interest across exchanges is over $18.6 million, which is more than a quarter of its entire market cap (26.2% to be exact).
when derivatives traders put that much capital on the line, especially on platforms like Binance and KuCoin, it signals a level of attention most memecoins never see at this market cap. this isn't just retail gambling; there's real interest building here.

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@TheAlphaMaxi Nigerian and African peoples Are really generous and kind 🙂↕️✨
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most people aren't watching closely, but $USELESS is quietly showing some real strength here. it's currently ranking #3 for 24-hour performance among the top 20 memecoins, outperforming names like DOGE, SHIB, and PEPE which are all further in the red.
add to that over $19 million in open interest across exchanges, a whopping 26.1% of its market cap. derivatives desks are paying attention to $USELESS in a way that suggests this quiet period might just be getting mispriced.

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Antino ‘The Useless bull’♉ retweeted

the $USELESS chart is showing that familiar sideways grind, with volume pulling back. price is just hanging around the same support area it's been testing.
this can feel boring, or even frustrating for some, but often it's exactly the kind of quiet before a move. most people get bored and look away when volume dries up and price just sits there. but underneath, we've seen big wallets soaking up supply, while smaller sellers lose patience. it's textbook positioning, if you know what to look for.

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Antino ‘The Useless bull’♉ retweeted

while the chart looks flat, some deeper data on $USELESS shows a pattern familiar to patient observers. over the last 24 hours, big wallets (trades over $2,500) have net bought $47,047 worth of $USELESS.
during that same time, smaller wallets were net selling across the board. this quiet accumulation from the larger players into retail selling is often where the real conviction gets built, away from the noise.

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Antino ‘The Useless bull’♉ retweeted





