🚀【$ALPACA : The 'Nightmare' for Contract Traders!】🚀
Brothers, the recent movements of ALPACA have truly been a 'nightmare' for contract traders! This wave of market action has really made both long and short traders suffer a lot, especially with the daily funding fee reaching as high as 16%, which has left contract traders in despair! 🤯
🎡 The Crazy Movements of ALPACA
• A surge of several times, short traders were directly 'annihilated'
The market for ALPACA started with a crazy surge! The price shot up several times! Those short traders were instantly liquidated, with no time to escape! This level of increase is truly astonishing!
• A drop of four to five times, long traders also 'bled rivers'
Immediately after, ALPACA began to plummet! The price dropped by 50%. Those who chased the price high were instantly trapped, and some even faced liquidation! This level of decrease also caught people off guard!
• Another surge of one to two times, the market was reshuffled again
Just when everyone thought the market was going to end, ALPACA began to rebound, and the price surged again by one to two times! This kind of repeated fluctuation truly transformed the positions of contract traders in an instant!
💡 Daily funding fee reaching as high as 16%: A 'nightmare' for contract traders
In addition to the severe price fluctuations, ALPACA's contract trading is also accompanied by a daily funding fee as high as 16%! What does this mean?
• Extremely high costs for going long
If you go long, you have to pay a funding fee as high as 16% every day! This cost is simply like 'cutting flesh'! Even if the price rises slightly, the funding fee will greatly reduce your profits.
💬 What do you all think?
I know this kind of market action has definitely made many contract traders suffer a lot! Brothers, what do you think about this wave of ALPACA's market? Did you get liquidated, or did you successfully escape at the top? See you in the comments! 👇👇👇
⚠️ Risk Warning
The investment market is unpredictable, and the above views are personal analysis and do not constitute any investment advice. The price fluctuations of ALPACA are significant, and market risks should not be ignored. Please operate cautiously based on your own risk tolerance, and do not blindly follow trends. Investment requires caution, and preserving your capital is key! #下架代币