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Yao Coin $H How tight is the Air Force leader? The funding rate has already annualized at -5806%!
In other words, holding a short position of 1000 USDT, you have to pay 6.63 USDT to the longs every hour, totaling 159 USDT per day.
Even if the stop-loss is set far away, this rate can't be sustained for many days with the principal, it's completely forcing a short squeeze.