Big money's moving fast into Filecoin right now. Grayscale keeps piling up $FIL positions while sentiment charts show 92% of traders betting bullish—classic whale behavior when institutional appetite meets retail FOMO.
Bithumb just rolled out fresh FIL trading pairs, and the timing couldn't scream louder. Open Interest surged 48% in recent sessions, now sitting at $358 million. That's not gradual accumulation; that's coordinated positioning.
Technical setup points toward the $8.42 Fibonacci zone as the next logical target if momentum holds. Watch for volume confirmation—when OI climbs this aggressively alongside exchange expansion, breakouts tend to follow through harder than usual.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
20 Likes
Reward
20
5
Repost
Share
Comment
0/400
GasWhisperer
· 2025-12-10 15:39
ngl, that 48% OI spike is giving me mempool flashbacks... when things move this fast in lockstep, you're either looking at coordinated whale positioning or someone's about to get liquidated hard. the $8.42 fib target feels clean on paper but watch those gwei patterns—institutions always front-run the obvious levels, not hit them straight on
Big money's moving fast into Filecoin right now. Grayscale keeps piling up $FIL positions while sentiment charts show 92% of traders betting bullish—classic whale behavior when institutional appetite meets retail FOMO.
Bithumb just rolled out fresh FIL trading pairs, and the timing couldn't scream louder. Open Interest surged 48% in recent sessions, now sitting at $358 million. That's not gradual accumulation; that's coordinated positioning.
Technical setup points toward the $8.42 Fibonacci zone as the next logical target if momentum holds. Watch for volume confirmation—when OI climbs this aggressively alongside exchange expansion, breakouts tend to follow through harder than usual.