$PIPPIN Daily milk! Xiaogao continues to be bullish at 0.5U! Someone in the square is promoting the mysterious little K with unlimited margin? This kind of retail investor rhetoric really needs to change. The essence of the contract is just a piece of paper; the spot price is indirectly affected but will not directly affect the spot price. The mysterious little K has a bottom position of 180-190W, with a total pool of 400W USD when at 0.43U. If the funding rate is -2% per hour, that’s 196W USD in a day! Who can withstand this? Even Buffett would shed two tears.
Xiaogao reminds: The dealers can use the funding rate provided by short positions to supplement the liquidity of the spot market.
Xiaogao's strategy: If it does not reach 0.5U, if little K closes positions, I will also close positions. Moreover, he has to close large positions, and in the absence of liquidity, he will also pull the market.
Follow Xiaogao, and never miss any wealth codes.
