Bought a $60,000 position in $in, decision logic took 5 minutes

#Let me explain slowly (I'm really afraid you can't understand)

1. Bybit contract headquarters, negative fee rate -0.3%, harvesting every 4 hours, contract OI is increasing, there are starting to be volume orders at the bottom, which can easily form a short squeeze, K-line looks fine, seems like it’s about to break the bottom range

2. Checked Selini/Little Black/Electric Capital/Bybit parent fund/bankless all invested, is market making also Selini? Then there are some references

3. Volume brushing Alpha, honestly, the trading volume doesn't show much, on-chain chip structure is roughly 57% controlled by 10 vault addresses, 98% controlled by 25 addresses, in the past (0xb1b2...e8404) this address was the main selling address, pure sell of 36.1M IN (approximately 3.9M USD)

4. Because it hasn't been on BN Spot, its core reference is on-chain or CEX, 2% depth on biget is about $10,000, if you are MM, how would you play?