The Graph [GRT] surged 15% to set a new local high on the chart, at press time. The surge shows strong momentum backing the asset, especially as its volume was up 180% to over $37 million in the past day.

However, the data suggests there is another key warning that needs to be considered. Short positions, or sellers, are not just sitting on the sidelines. They are gradually betting on a decline.

Binance top traders impact the market

There is clear evidence suggesting that top traders on Binance, based on account and position size, are leaning very bullish.

This is based on the Long/Short Ratio, which tracks the accounts and positions of Binance traders in the market, showing readings of 1.84 and 1.76, respectively.

The Long/Short…