2026-01-04 09:23:12

Interesting things often happen in the crypto world. Recently, on-chain data shows that the well-known short trader "Mysterious Little K Line" is still holding a short position on PIPPIN, with an unrealized loss of over $2.942 million.

The timeline is as follows: On January 2nd, PIPPIN briefly dropped to a low of $0.35, making it seem like the shorts would be laughing. But then a rebound occurred, and by January 4th, it had recovered to $0.4883. Starting from November 22nd, this trader has been holding the position for 45 consecutive days, most of the time after November 30th with negative funding rates.

According to contract spot data, the total loss has reached $4.945 million. The persistence is truly admirable. $BNB

PIPPIN-23,12%

BNB-0,99%

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CommunitySlacker

· 01-06 17:00

No wonder it's the crypto world—losing 5 million and still holding for 45 days. This mental toughness is incredible. --- The short position got reversed, it hurts just looking at it. This order should have been cut long ago. --- Wait, keep holding despite continuous negative fees? This guy is really tough or truly addicted to gambling. --- PIPPIN rebounded to 0.48. I bet this guy will keep adding to his position. That's just how people in the crypto world are. --- A floating loss of 4.945 million. If it were me, I wouldn't be able to sleep. His execution ability is truly outrageous.

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0xLuckbox

· 01-04 16:01

The short position lost quite badly this time, and I was able to hold for 45 days. This mindset is truly incredible.

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SchroedingerMiner

· 01-04 09:46

Bro, how persistent do you have to be? Holding on to $4.94 million like this.

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DefiPlaybook

· 01-04 09:42

$4,945,000 still manageable, but this mental resilience probably requires smart contracts to be documented.

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LightningAllInHero

· 01-04 09:41

The short dream has really shattered, and the level of persistence is truly unmatched.

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CodeZeroBasis

· 01-04 09:28

This guy is really tough. Enduring 45 days without giving in—what kind of spirit is that? This is the classic contrarian indicator in the crypto world: the more miserable the bears are, the happier the whales get. I feel really bad for him watching this happen—494 million just gone like that. The stories in the crypto world are always so surreal, a bit hopeless, huh? Dealing with negative funding rates for so long—how steady must his mindset be?

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