Look at how frequent and harsh the funding fees are, it's really painful 🤧

PIPPIN's four-hour line had a strong wave of goods yesterday and then pulled back strongly. It is still very strong, and the operator has not sold off. If there had been a sell-off yesterday, it would have fallen dramatically. This type of movement is very similar to the previous TRB, unlike AIA or COAI, which often have violent stretches. However, this PIPPIN's pullback is not violent; it's just a high-level consolidation eating up fees. This aspect is particularly similar to TRB, which left a deep impression as it collected fees for over a month. PIPPIN has also been collecting fees for three or four days now. For those shorting PIPPIN, I suggest cutting losses early.