$RIVER All trades are internal bot transactions from market makers. All non-internal trades are monitored by bots. Market makers have high-frequency quantitative bots for harvesting. It's not even worth a single ant coin. Tens of thousands in trading volume every 10 seconds going back and forth, super strong market control, fluctuations of only 0.00% basis points, even scalping is difficult. They control coin price, go long on futures contracts, and steadily collect funding fees in this pig-slaughtering scheme, harvesting wave after wave. Trading volume remains just as high, market makers still haven't eaten enough. Market makers hold large quantities of long futures contracts bought at low prices, using profitable funding fees to push up coin price, which in turn allows them to collect even more funding fees. This is like pulling yourself up by your bootstraps. Anyway, over 95% of coins in the market are in market makers' hands. Pushing prices up and dumping is not as profitable as pushing prices up, staying sideways, and steadily collecting funding fees. From January 5, 15:00 to January 6, 06:00 (inclusive), the sum of funding rate was: 19.55%. In just 15 hours, they collected nearly 20% in funding fees. This is more profitable than dumping, and it's sustainable income. As long as the coin keeps cycling through their hands and bots control the price, they can harvest infinitely. Carefully observe: every time a major bearish candle is about to trigger a cascade of liquidations and decline, there's a force supporting the bottom. Looking at data: in the past 1 day, all liquidations are shorts. Short positions have nearly 70% loss rate, while long positions have huge profits. Because the market makers controlling behind the scenes ARE the longs.
From now on, there will be countless pig-slaughtering schemes collecting funding fees. For longs, unless you get advance notice to buy the dip, you'll be killed by a sudden drop mid-way, with your position transferred to market makers.
For shorts, there's no need to say more. They're the market makers' counterparty, and no matter what, they lose. Sideways means losing to funding fees. Profit from closing short positions doesn't cover the funding fee deduction. Rising prices force liquidations. They're pinned no matter what.
$RIVER All trades are internal bot transactions from market makers. All non-internal trades are monitored by bots. Market makers have high-frequency quantitative bots for harvesting. It's not even worth a single ant coin. Tens of thousands in trading volume every 10 seconds going back and forth, super strong market control, fluctuations of only 0.00% basis points, even scalping is difficult. They control coin price, go long on futures contracts, and steadily collect funding fees in this pig-slaughtering scheme, harvesting wave after wave. Trading volume remains just as high, market makers still haven't eaten enough. Market makers hold large quantities of long futures contracts bought at low prices, using profitable funding fees to push up coin price, which in turn allows them to collect even more funding fees. This is like pulling yourself up by your bootstraps. Anyway, over 95% of coins in the market are in market makers' hands. Pushing prices up and dumping is not as profitable as pushing prices up, staying sideways, and steadily collecting funding fees. From January 5, 15:00 to January 6, 06:00 (inclusive), the sum of funding rate was: 19.55%. In just 15 hours, they collected nearly 20% in funding fees. This is more profitable than dumping, and it's sustainable income. As long as the coin keeps cycling through their hands and bots control the price, they can harvest infinitely. Carefully observe: every time a major bearish candle is about to trigger a cascade of liquidations and decline, there's a force supporting the bottom. Looking at data: in the past 1 day, all liquidations are shorts. Short positions have nearly 70% loss rate, while long positions have huge profits. Because the market makers controlling behind the scenes ARE the longs.
From now on, there will be countless pig-slaughtering schemes collecting funding fees. For longs, unless you get advance notice to buy the dip, you'll be killed by a sudden drop mid-way, with your position transferred to market makers.
For shorts, there's no need to say more. They're the market makers' counterparty, and no matter what, they lose. Sideways means losing to funding fees. Profit from closing short positions doesn't cover the funding fee deduction. Rising prices force liquidations. They're pinned no matter what.