$RIVER
RIVERUSDT — this is a terrible example of how shorts crush bulls!
Price ~$43.18 (+26.75% for some period), but funding -2.000000% (limit -2%) every 4 hours.
Shorts pay longs huge money: the next rate -2% / annual -4380% 😱
This means that longs receive ~2% every 4 hours just for holding the position. Shorts are in hell, as OI is likely skewed to the short side after the pump.
Classic squeeze setup: either a dump (shorts close with profit), or another short squeeze to the moon.
Those in longs at 20x — farm funding like a god, but be careful with leverage.
RIVER (chain-abstraction stablecoin protocol) is flying, but futures are pure casino right now.
#RİVER #crypto #fundingrate #PERPS #Squeeze