This wave of $PIPPIN$ decline has held up pretty well, without a deep plunge. Currently, the market is experiencing funding fee costs, and short sellers may have been heavily charged these days—I've heard that some people paid a lot in funding fees over the past 5 days. However, this situation also presents an opportunity; from a contrarian perspective, long positions can actually earn some funding fee subsidies during this period. The market always seeks balance within this structure, and the losses of short sellers indicate that there is genuine demand on the long side. This time, I need to recover the previous losses and am optimistic about the subsequent rebound opportunity.

PIPPIN10.73%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
AirdropChaservip
· 12-16 18:47
Shorts are definitely having a tough time recently, with such high fees... But the longs are getting free gains this round.
View OriginalReply0
ruggedSoBadLMAOvip
· 12-16 18:36
Those short sellers have probably been crying pretty hard these days, haha. The fee rate directly ate into their wallets.
View OriginalReply0
FarmToRichesvip
· 12-16 18:32
Shorts have been hurting a lot these days, with the rates getting harsher day by day.
View OriginalReply0
MoneyBurnerSocietyvip
· 12-16 18:22
The short sellers must have been drained by the bloodsucking mechanism these days; it pains me to watch.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)