$AKE Judging purely from the funding rate, it’s positive—and much greater than 0.02. They’re just blindly pumping, which points to one thing: the big players want to get out of their short positions at 0.00245. They understand it better than anyone. Why is the 2.16 billion unlocked on the 21st of every month—what’s the purpose? To deal with the high funding rate, they build short positions in batches to hedge: by getting out of the stuck shorts, they also flatten the funding rate—one arrow, two benefits. After today’s explosive pump gets them un-stuck, in the blink of an eye they harvest the longs, and profits are plentiful.