Surprisingly, many people are making money with short positions

Let's talk about the profit logic of the market maker of Hot Coin H while we have time. The main characteristics of H are:
1. High control, the top ten holding addresses possess over 90% of the tokens
2. Negative fee rate
3. Short funding rate settlement cycle
Everyone knows that high holding control means very few people buy the spot, so isn’t it just giving money away for the market maker to push the price up? In reality, the market maker only needs to establish a huge long contract at the bottom and can continuously obtain funds through high-frequency funding rate settlements. After acquiring the funds, they push the price up while liquidating the shorts, truly using the shorts as fuel.
As long as there are continuously new shorts entering the market, the market maker can keep pushing the price up.
A typical example is the alpaca coin that was delisted by Binance; it’s better not to play with it, as it’s hard for both bulls and bears to make money with such coins.