$BILL ‌ It can be emptied now. Today's rally was to blow up those large protective positions. You can see that around 0.1, there are millions of dollars worth of protective positions of various sizes. Once pushed up, it can be emptied.


This contract has built-in issuance rights and an upgrade backdoor; the project team can manipulate the rules or dump tokens at any time. This rally is the final trap: first pushing the price near the liquidation line of the trapped positions, using high-computation passive sell orders to offload their holdings, and after the longs are liquidated and buying momentum exhausts, they can directly reverse and dump to harvest.

Any rally without fundamental support is solely sustained by liquidation liquidity. Every surge now is the best entry point for shorting. Once this round of liquidation liquidity is completely drained, it will be the start of a waterfall decline.
BILL18.68%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
Neonic
· 4h ago
They will all screw you over, as always)
View OriginalReply0
  • Pin