Just took a glance, the $NXPC#NXPC on Binance is really bustling! 🔥
The spot price surged to around $3.8, while the futures are still hovering around $3.5, with a difference of 10% between spot and futures, it's simply outrageous!
What's even more incredible is that the futures funding rate has directly hit -2%. Is the short side collectively losing their minds? Did they just jump in and short my great adventure island? Aren't they afraid of getting squeezed and blown out? 💥💣
Speaking of which, a "smart money" whale took action 3 hours ago and is now happily lying back and earning:
🐳 He used 2,175 BNB (about $1.42 million) to buy 1.136 million $NXPC through two addresses, with a cost price of only $1.25.
🟢 Now $NXPC has risen to $3.8, and the coins in his hands are already worth $4.31 million, with an unrealized gain of +204%, making a profit of nearly $2.9 million!
This is just the performance of a few hours since it went live; the market maker has already made a fortune, while retail investors are still desperately shorting in the futures market...
Brothers, be careful not to become someone else's lift! 😅