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Let me do some quick math for everyone.
When the market maker $RAVE bought in at 0.2U, they purchased $100k without leverage, just playing with spot.
So today, this position is worth $10 million.
Based on a funding rate of -1.5% per hour,
Just the funding fee alone can earn $150k per hour.
In a day, the total funding fee is $3.5 million.
So here’s the question—
Do you think, with this money-making machine,
They would risk destroying their own golden goose just to harvest a few long-term traders?
Think again if you’re betting on a short.
What’s your take? $BTC $ETH #准美联储主席持仓曝光,重仓加密 #准美联储主席持仓曝光,重仓加密 #BTC funding rate has been negative for 46 consecutive days, a rare occurrence in history.