Analyst: The suspected AIOT dealer address once again opened a small position and adjusted LP. Binance AIOT contract had its first negative funding rate

This article is machine translated
Show original

According to ChainCatcher, on-chain analyst Ai姨 (@ai_9684xtpa) detected that the suspected AIOT whale address has again made a small position and adjusted LP.

14 hours ago, the address spent 11.27 BNB to buy 6,734 AIOT tokens ($6,734) and withdrew the previously injected bilateral liquidity, raising the interval of one-sided limit sell orders.

- In the price range of [$1.1906, $1.2097], placed a one-sided limit sell order of 930,000 tokens;
- In the price range of [$1.2897, $1.3096], placed a one-sided limit sell order of 1.05 million tokens;
- In the price range of [$1.3901, $1.4099], placed a one-sided limit sell order of 835,000 tokens.

The starting price of one-sided liquidity sell orders has increased to $1.1906, which is 3.2 times the current price. However, the Binance AIOT contract has seen its first negative funding rate, with short leveraged positions increasing, reminding users to be cautious of risks.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments