$RAVE Not afraid that it keeps rising; the more it rises, the larger its principal will become, and it will fight to the end.

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GateUser-1e645fdc
· 11h ago
Because 99.99% of spot holdings are in the hands of the dogs.
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WorkHardToRecoupInvestment,
· 11h ago
The market maker only needs to pull the spot. If you’re short with a large amount of capital and the contract has already fallen, then yes, it’s fallen—but how long can you keep up with the funding rate? When the price gap gets too far apart, they’ll set it up so they pull once every hour. Even if they don’t manipulate the contract market, within 20 hours you’ll get liquidated. After liquidation, it turns into buy-side pressure, and the market maker keeps pulling the spot continuously using only a small amount of money.
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