$RAVE Gouzhuang won't be releasing the shipment, brothers, I'm leaving first, this fee can't be sustained.

RAVE24,28%
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Gate.io
· 04-14 15:02
$RAVE Some information can be inferred from the funding rate. A sudden shift to -2% indicates a change in the funding structure of the contract market. There are two possibilities: 1. A large number of long positions have been liquidated, with the total number of short contracts far exceeding longs (which is obviously impossible). 2. Large funds are closing their long contracts, resulting in massive selling, causing the contract price to be far below the spot price. When combined with the rise in the spot price, it can be seen that this is orchestrated by the market maker, because only they have vested interests. Raising the spot price with minimal capital expenditure to accumulate a large amount of liquidity chips is very obvious; this is clearly done to facilitate closing out their long contracts.
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