#binance Thoughts on Binance’s recent strong counterfeit transactions, such as the previous#YGGand the current #BLZ. The current funding rate of BLZ is -2.5%, and settlement is once every 4 hours. I wonder if you have noticed that the previous YGG It is also the top funding rate. Who is short selling at a rate of 2.5% for 4 hours?
Wouldn't it be better to simply collect the funding rate of 2.5% six times a day? There is nothing new in the world. Every time the top fund rate of the copycat is accompanied by exploding the short position, it then chooses to go down. For the current blz, even if it is short with double the leverage, can you know where its top is.
I admit that blz will eventually return to dust, and it will fall back to where it rose from. But can you be sure whether it will rise by 100% and then fall again? No, the profit and loss ratio of short selling is actually very poor. Instead of going short, look for the next long #BLZ