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Holding U doesn't feel so appealing anymore🥲
Recently, the Renminbi has been quite active. On December 25th, the onshore RMB against the US dollar directly broke through the 7.01 mark, reaching a new high since September 27th. The market changes are also quite noticeable—USDT off-exchange price dropped to around 6.92 yuan, while the USD exchange rate was still at 7.0144 yuan. Comparing the two, the USDT premium rate has actually fallen to -1.35%, turning from a positive premium to a negative premium.
What does this mean? Previously, U was often at a premium, but now it's trading at a discount. For those holding U, this is quite a blow—it’s not only facing exchange rate fluctuations but also a shrinking off-exchange price. In other words, the stronger the RMB rises, the less attractive U becomes. Those wanting to sell should act quickly, or it might continue to decline.
The RMB's recent surge is truly incredible, U has gone from premium to discount, who can handle this?
It's definitely a negative premium, I wish I hadn't accumulated so much earlier.
Watching the time move forward, it feels like the window to sell is getting smaller and smaller.
Something's off, this pace is really a bit rushed.
With the RMB so strong, can U turn around? I'm a bit panicked, brother.
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Is there negative premium? What's the point of playing now? Hurry and run.
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The premium has turned into a discount. This change is quite rapid; we were still enjoying the dividends earlier.
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It seems I need to reassess my positions. U is really not attractive anymore.
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The RMB has risen so sharply, the appeal of U is indeed declining.
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Take action early; there might be further shrinkage later.
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Discounted USDT, this feeling is a bit uncomfortable.
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The premium rate shifted from positive to negative, and it turned around immediately.
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Getting trapped again? It was about time to clear out.
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That's why you can't just hold U, you need to prepare multiple strategies.
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It feels like the RMB appreciation is just beginning. Is there still a chance later on?
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The premium has reversed. The game of external prices is becoming more and more complicated.
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I just want to know if anyone is still bottom fishing for U now. It seems like no one is.
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The exchange rate broke 7 so quickly. Who would have thought? Better jump on the train now.
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What is negative premium? Be careful not to get caught holding the bag.
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Looks like I need to rethink my strategy. U might really be cooling off for a while.
I've seen negative premium before, but this straightforward is rare. The arbitrage opportunity from forks is gone; it's just the exchange rate squeezing profits.
My three kids' formula money was relying on this interest margin, but now I can only continue mining in the bear market.
If I had known earlier, I should have exchanged it in advance. Now the negative premium is really painful.
Friends holding U should wake up. This time, it's really time to consider reducing their positions.
U went from a premium to a discount, and the turnaround is quick. Miss it and you'll regret it.
After the RMB broke through 7.01, the off-exchange U prices dropped sharply. This pace is a bit rapid.
If you act now, you can still preserve your principal. If you delay further, you might have to cut losses.
The premium rate shifted from positive to negative, and this change was too fast. Who could have expected it?
Watching the attractiveness of U weaken day by day, it's a bit uncomfortable.
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Once again, the bad luck of holding U, I still need to pay more attention to exchange rate trends next year.
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Negative premium was hard to believe last year, but now it has become a reality.
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The bottom-fishing opportunity is gone, and I should be thinking about when to run away.
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With the RMB so strong, the attractiveness of U is indeed fading. Is anyone regretting it?
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The premium has shifted from positive to negative, and this reversal speed is quite shocking.
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The most uncomfortable part is the shrinkage of off-exchange prices. I originally thought stable assets were reliable, but now even they seem unreliable.
I don't understand—when the premium turns into a discount, how can this trade still be made?
Holding U now feels really risky; I think I need to sell quickly.
What should I do? Will the RMB keep strengthening like this? Is there still hope for U?
Those who bought U early are probably suffering huge losses, haha.
The premium rate has dropped into negative territory; this turnaround is so fast.
U's value has shrunk, all because the RMB is too strong.
With this pace, holders need to race against time.
If I had known earlier, I wouldn't have stubbornly held onto U. Now it's really painful.
This wave of RMB appreciation has directly turned U into discounted goods. Who would still want it?
Sell, sell, sell. Waiting any longer will only lead to heavy losses.
By the way, why does it feel like this kind of market situation is happening more frequently each year? Can we still hold coins properly?
The RMB is so strong that holding U is no longer as good as holding RMB.
The premium is gone, and the taste of U has indeed faded. Should I clear my position?
It's really painful for those who stocked U last year; negative premium is truly a killer.
This wave of RMB appreciation has completely wiped out the appeal of U.
Wait, does negative premium mean I'm losing money, or is it time to buy now?
I really can't hold it anymore, I've never experienced negative premium before
To cut or not to cut, that's the question
If I had known earlier, I wouldn't have held on so stubbornly. Now it's too late to regret
The off-exchange price is still falling, it seems it will continue to test the bottom
Brother U is a bit disappointing now, no hype, no blackening, just the facts
The RMB broke through 7.01, this time it's really serious
The feeling of holding it in my hand instantly lost its appeal