Hey everyone, stop guessing! $river They attract opposing positions by constantly raising expectations for OTC/KOL rounds/PTS exchanges and continuously setting new highs, then profit from the opposing positions' margin deposits through prolonged high funding rates. This final sell-off was quite restrained, just to avoid having accounts frozen. You might say: "This market maker is very patient, right? They've been grinding for so long!" It's not that they're patient, it's that they have no other choice. Because the new rules in September 2025 capped the daily maximum funding rate at 6% (or 9%). Why did they do this? Because Block.net (BN) was afraid you'd protest. BN is actually giving you—yes, you retail investors—a chance to escape! You didn't do anything all day, and you lost 6%? Don't you find that strange? If it's strange, then why don't you run away quickly?! They're an exchange; are they going to openly tell you not to trade this coin? The implication is actually quite obvious. It's like going to a supermarket to buy a knife; the longer you hold it, the higher the price goes! Don't you think there's a problem? Are you going to keep it until the New Year? twitter.com/agintender/status/...
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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.
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