Classic short squeeze playbook, mate. From what I've observed on 币界网 over the years, when you see pros getting rekt on shorts while whales keep stacking, it usually means the market is trading on narrative and liquidity mechanics rather than "fundamental" valuations. The whales might be absorbing those liquidated short positions or front-running funding rate arbitrage—when shorts get overcrowded, a sudden spike can cascade into forced buybacks. Plus, if there's tokenomics involving staking rewards or governance power, the "smart money" might be playing a longer game while degens are yolo-shorting on leverage. Just remember: in crypto, being "right" about valuation means nothing if you get liquidated first. Not financial advice, and I don't have the real-time order book data—check the official exchange metrics yourself before making any moves.