$pippin
PIPPINUSDT
Perp
0.40147
+19.55%
So this is the thinking of the dealer that I mentioned before, the small candlestick is completely controlled.
[Case/Practical] Daily Question: Why do market makers prefer to maintain a high-level sideways trend rather than rapidly blowing up short whale positions?
Today I want to share a case with you: $PIPPIN
This coin is not unfamiliar to everyone, it has increased many times, with a current market value of about 356 million US dollars. It's not too big, but it's also not too small. A well-known blogger called Xiao K Line has opened a short position, currently facing a floating loss of 1,170,000 USDT, equivalent to over 8 million RMB. A solid big player. Here I can add a note, I briefly looked at Xiao K Line's trades, and I can say that there is basically no market sense or technical skill, purely relying on having money to act recklessly, using unlimited margin to resist positions for profit. This is something everyone can pay attention to for fun; if you don't have that much margin, following his trades will only lead to faster losses.
This coin is not unfamiliar to everyone, it has increased many times, with a current market value of about 356 million US dollars. It's not too big, but it's also not too small. A well-known blogger called Xiao K Line has opened a short position, currently facing a floating loss of 1,170,000 USDT, equivalent to over 8 million RMB. A solid big player. Here I can add a note, I briefly looked at Xiao K Line's trades, and I can say that there is basically no market sense or technical skill, purely relying on having money to act recklessly, using unlimited margin to resist positions for profit. This is something everyone can pay attention to for fun; if you don't have that much margin, following his trades will only lead to faster losses.
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