$PIPPIN A brief decline does not represent a real drop. This time, it is highly likely a trap to induce short selling. The market maker still wants to collect funding fees, and it can be confirmed that the market maker must hold over 90% of the spot. They are now pausing short selling to reduce liquidity in contracts. Without sufficient funding fees, the market maker will be unable to maintain their capital borrowing. Friends, not shorting is the biggest retaliation against the market maker.
$PIPPIN can be sure that the dealer must hold more than 90% of the spot, and is now suspending short selling to reduce the liquidity of the contracts. The dealer then cannot obtain enough funding rates to maintain his capital borrowing. Friends, not shorting is the greatest revenge against the dealer.
$PIPPIN can be sure that the dealer must hold more than 90% of the spot, and now stop shorting to reduce the liquidity of the contracts. The dealer will not be able to obtain enough funding rates to maintain his capital lending. Friends, not shorting is the biggest revenge against the dealer.
$PIPPIN can be sure that the dealer must hold more than 90% of the spot, and now stop shorting to reduce the liquidity of the contracts. The dealer will not be able to obtain enough funding rates to maintain his capital lending. Friends, not shorting is the biggest revenge against the dealer.
$PIPPIN The dealer not selling spot does not mean he has no money to spend. Logic: He can pledge a large amount of this spot on an on-chain lending protocol (like Aave) or other financial institutions to borrow stablecoins (USDT/USDC). Advantages: He retains control over the chips (not selling means no selling pressure) while obtaining liquid funds to speculate on the next coin. As long as the coin price does not drop to the liquidation line, he can hold positions indefinitely. Why can he continue "indefinitely"? (Limiting Factors) Although the dealer can last a long time, it is not "forever"; he faces the following limitations: Position Cost: If the funds he used to buy the spot were borrowed, he must face interest pressure. Counterparty Game: If there is another larger dealer (such as an exchange or a bigger whale) who suddenly sells aggressively, and the selling pressure exceeds his absorption capacity, his spot will turn into "illiquid assets" and even face the risk of liquidation. Time Cost: If the coin completely loses its popularity, even if the price does not drop, the dealer will be unable to retreat due to poor liquidity, ultimately trapped in his self-made "golden cage." When will he suddenly sell? The dealer does not sell for higher profits. When the following signals appear, he will retreat without hesitation: Significant spot premium: When retail investors are attracted by a "pump" and rush into the spot market to chase prices. Abnormal trading volume: When he finds he can distribute his goods to new retail investors in batches without significantly lowering the price. Contract liquidation completed: When his profits in the contract market are already enough to cover potential declines in the spot.
$PIPPIN Short-selling friends, do you not yet know the methods used by the market makers to manipulate? Crashing the market, raising prices, sideways trading, consuming capital. Don't do anything now. Just watch him perform.
$PIPPIN The speculator clearly wants to eat the funding rate; the more short positions there are, the less it can go down. Right now, it's just about placing high-priced orders, waiting for the speculator to pull it up, and if the current price can hold steady, the speculator will only eat the rate.
$BNB Binance is not a garbage dump. Strongly suggest canceling the 1-hour and 4-hour fee collection standards! We need a fair competitive environment in the market! I do not oppose quality projects going online, but I oppose garbage projects crazily harvesting users with funding fees. Please, everyone who received the red envelope, go to X and provide more feedback.
$PIPPIN If you want to be a leek, go short. Going short now is just fueling the big players. You can place a high-priced order, but please don’t immediately add to your short position.