BREV's airdrop redemption period has just ended, and the arbitrage tactics of airdrop participants are starting to become apparent. Many people immediately dumped their positions after receiving airdrop rewards, then turned around to short the token — this logic has evolved into a terrifying market inertia.

Starting from 12 PM this morning, BREV's funding rate hasn't recovered above -1%, and currently has even dropped to the -2% range, indicating there are people continuously pulling up the price here, but at the same time short-selling forces are pouring in relentlessly. Many airdrop hunters have already given back all their early profits, and there should be a wave of regret posts coming later.

This is a typical case of "people who made quick money turning around to make money off those who are still holding." With funding rates this deeply negative, long position holders are continuously bleeding, while short sellers are continuously accumulating profits. If you haven't followed the trend to short, at least it shows you've maintained rationality — in a market chasing short-term gains, that itself counts as a victory.