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公众号：我们的三叔笔记｜X：@sanshubiji｜微博：三叔笔记Pro｜《从信仰到策略，一个韭菜的认知突围》—-著作人
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Bullish Market, Big Players Betting on Ethereum
Glassnode data shows that Ethereum whale wallets have net increased their holdings by over 800,000 coins for seven consecutive days, with a total position of over 14.3 million coins held between 1,000 and 10,000 coins. On June 12 alone, the net increase of Ethereum whales exceeded 871,000 coins, marking the largest single-day net inflow this year. Such a large-scale purchase is also the first since 2017.
After advising everyone to reduce their Bitcoin positions in mid-May, my uncle has only recommended increasing Ethereum positions within a month. The other sections have remained unchanged. This includes Ethereum's first-mover advantage in the current Wall Street RWA crypto layout and the consideration of Ethereum's infrastructure attracting funds after continuous hype around stablecoins. The market cannot simply start from memes and end with memes.
After advising everyone to reduce their Bitcoin positions in mid-May, my uncle has only recommended increasing Ethereum positions within a month. The other sections have remained unchanged. This includes Ethereum's first-mover advantage in the current Wall Street RWA crypto layout and the consideration of Ethereum's infrastructure attracting funds after continuous hype around stablecoins. The market cannot simply start from memes and end with memes.
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Tron goes public in the US, and Sun profits again
After a period of silence, Sun finally made it back to the trending searches today. This time, the script is not small; Tron announced it will go public through a reverse merger with Nasdaq-listed SRM Entertainment. The agreement has been reached, and the new company will directly purchase and hold TRX, while Sun's loyal confidants will also be parachuted into the board. Even more explosive is that Sun's dad and little Trump, this 'cross-border combination', are very likely to directly sit in the management.
A month ago, when Uncle San had dinner with friends from Huobi, he heard that Sun was planning a big move. Sure enough, when he made a move this time, it was still the familiar taste—Sun never holds back on what money can solve. Compared to some smart individuals who cut leeks every day yet still feel self-satisfied, Sun's public relations route has become more and more smooth over the past two years, with the process of cleaning up his image almost 'cheating'. It must be said that Tron’s early push in the industry was solid; no matter how you view him, at least he's still continuously doing something. Just like that old saying goes: 'The world laughs at me for being too insane, I laugh at others for not seeing through.'
A month ago, when Uncle San had dinner with friends from Huobi, he heard that Sun was planning a big move. Sure enough, when he made a move this time, it was still the familiar taste—Sun never holds back on what money can solve. Compared to some smart individuals who cut leeks every day yet still feel self-satisfied, Sun's public relations route has become more and more smooth over the past two years, with the process of cleaning up his image almost 'cheating'. It must be said that Tron’s early push in the industry was solid; no matter how you view him, at least he's still continuously doing something. Just like that old saying goes: 'The world laughs at me for being too insane, I laugh at others for not seeing through.'
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Warfare crashes the market, it's tough!
When the gun between Israel and Iran goes off, the market explodes - it's not a landmine, but the $1.2 billion contract leverage being directly wiped out. Uncle San calculated that this military expenditure is probably making the crypto circle brothers sponsor a round of ammunition on average.
But to be honest, this wave of decline cannot all be blamed on the war. The geopolitical conflict feels more like a last-minute push; what truly brought the market down was the adjustment demand that was already piling up, but this war merely advanced the rhythm a bit.
Remember the wave of excitement that started this Monday? Market sentiment was at its peak, and many thought it was about to take off. Uncle San had already given a clear reminder in that day's article: the daily high for Bitcoin is around $110,000, don't fantasize too much above that.
But to be honest, this wave of decline cannot all be blamed on the war. The geopolitical conflict feels more like a last-minute push; what truly brought the market down was the adjustment demand that was already piling up, but this war merely advanced the rhythm a bit.
Remember the wave of excitement that started this Monday? Market sentiment was at its peak, and many thought it was about to take off. Uncle San had already given a clear reminder in that day's article: the daily high for Bitcoin is around $110,000, don't fantasize too much above that.
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We may be experiencing a crypto cycle with the largest bubble in history.
The market conditions of the past few days, to put it bluntly, are simply dead water with minimal ripples. The trading volume of Bitcoin above $100,000 is currently almost the same as when it just broke $10,000 in July 2020. Four years have passed, and the market has followed the same rhythm; where has the money gone? Liquidity is exhausted, and the market is stagnant. More worryingly, around 105,000 points, chips are highly concentrated; once the main force takes control, leveraged liquidation can happen at any time, and the scenario of 'cutting once, then collecting again' can play on repeat.
Keynes said: "The market can remain irrational longer than you can remain solvent." This phase is strikingly similar.
Keynes said: "The market can remain irrational longer than you can remain solvent." This phase is strikingly similar.
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Not yet finished falling
It’s that time of year again, the college entrance examination season. Every year at this time, the restless society seems to hit the pause button. Even Bitcoin, which usually charges through the crypto market, has recently found some stability, seemingly making way for the students and parents in and out of the examination halls. After all, this is one of the few exams in life that can be called 'fair,' and it deserves some respect.
Wei Dongyi has recently gone viral on Douyin, breaking 22 million followers in just four days. The power of a phenomenon-level IP is truly astonishing. Sometimes, the power of knowledge emerges without needing anyone to comment on it; reality will provide the answers. After watching the video, I also drifted off for a while. No matter how high your talent or how smart your mind, health must always come first. The comment 'the sea of learning is toothless' is actually a playful expression of concern; you can feel the goodwill of netizens even through the screen.
Wei Dongyi has recently gone viral on Douyin, breaking 22 million followers in just four days. The power of a phenomenon-level IP is truly astonishing. Sometimes, the power of knowledge emerges without needing anyone to comment on it; reality will provide the answers. After watching the video, I also drifted off for a while. No matter how high your talent or how smart your mind, health must always come first. The comment 'the sea of learning is toothless' is actually a playful expression of concern; you can feel the goodwill of netizens even through the screen.
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Smart money is moving to Ethereum.
During the day, I was refreshing the market while going through news, and the more I looked, the more I felt like there were hidden dangers in the calm. On the surface, it seems peaceful, but the funds underneath have already started to stir.
This morning, as soon as I got off the high-speed train and picked up my phone, I saw that institutions have extended their Bitcoin accumulation plans directly to 2025, aiming to hold 417,000 BTC. This is not a small fund making random calls; this is serious money preparing for a long-term layout, showing that their confidence in the future crypto market has not wavered. Moreover, Tether made a big move today, transferring 3,729 BTC, about 4 billion USD. Brothers, this is not retail action; this is serious money making strategic reserves.
This morning, as soon as I got off the high-speed train and picked up my phone, I saw that institutions have extended their Bitcoin accumulation plans directly to 2025, aiming to hold 417,000 BTC. This is not a small fund making random calls; this is serious money preparing for a long-term layout, showing that their confidence in the future crypto market has not wavered. Moreover, Tether made a big move today, transferring 3,729 BTC, about 4 billion USD. Brothers, this is not retail action; this is serious money making strategic reserves.
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While singing the blues, institutions are building positions; this generation of institutions is even better at performing.
Today, the news of James Wynn's liquidation has gone viral.
40x leverage, holding $1 billion, a sudden explosion on-chain, and the liquidation price is clearly defined. The market is not playing around; it goes straight to liquidation. More surreal is that this guy came out in the afternoon to say, '80 million is nothing to mention.' Honestly, with this tone in the crypto market now, it's not far from being non-survivable.
Do you think this is just gossip? No, this is a complete record of violent capital flow on-chain. With this guy blowing up, Hyperliquid became the core of today’s traffic. Where there are liquidations, there must be funds coming to the table. Early in the morning, addresses were seen on Hyper using 3x leverage to hit PEPE, causing violent short-term fluctuations, with $3.37 million USDC directly staked. This is not retail; this is a professional team making a move, their techniques so familiar, it's like a throwback to the BitMEX old days.
40x leverage, holding $1 billion, a sudden explosion on-chain, and the liquidation price is clearly defined. The market is not playing around; it goes straight to liquidation. More surreal is that this guy came out in the afternoon to say, '80 million is nothing to mention.' Honestly, with this tone in the crypto market now, it's not far from being non-survivable.
Do you think this is just gossip? No, this is a complete record of violent capital flow on-chain. With this guy blowing up, Hyperliquid became the core of today’s traffic. Where there are liquidations, there must be funds coming to the table. Early in the morning, addresses were seen on Hyper using 3x leverage to hit PEPE, causing violent short-term fluctuations, with $3.37 million USDC directly staked. This is not retail; this is a professional team making a move, their techniques so familiar, it's like a throwback to the BitMEX old days.
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This market is so stable, it's stable enough to make people start to fear
Yesterday someone asked Uncle San, is it a bull market now? I replied with one sentence: you go flip through today's pile of news, then look at the market, and feel it yourself.
The Bitcoin conference is in full swing, a bunch of big shots around the world shouting 'free currency' 'new era reserve asset', but the traders below don't even want to watch the K-line. It's not that no one is paying attention, it's just that the market is too stable, stable as if brewing something.
You say it's lively, indeed it's lively — BlackRock comes out calling for a portfolio allocation of 2% Bitcoin; El Salvador continues to buy, steadily accumulating, now holding 6190 coins; Grayscale's new 'AI Crypto Sector' adds another layer of imagination for everyone; Telegram packaged a 1.5 billion USD bond financing, creditors can exchange for stocks, top institutions like Citadel and Mubadala have invested. You say it's quiet, it indeed is quiet — the market neither rises nor falls, the main force is reducing volume, the market atmosphere is reminiscent of the seconds before a meal starts.
The Bitcoin conference is in full swing, a bunch of big shots around the world shouting 'free currency' 'new era reserve asset', but the traders below don't even want to watch the K-line. It's not that no one is paying attention, it's just that the market is too stable, stable as if brewing something.
You say it's lively, indeed it's lively — BlackRock comes out calling for a portfolio allocation of 2% Bitcoin; El Salvador continues to buy, steadily accumulating, now holding 6190 coins; Grayscale's new 'AI Crypto Sector' adds another layer of imagination for everyone; Telegram packaged a 1.5 billion USD bond financing, creditors can exchange for stocks, top institutions like Citadel and Mubadala have invested. You say it's quiet, it indeed is quiet — the market neither rises nor falls, the main force is reducing volume, the market atmosphere is reminiscent of the seconds before a meal starts.
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This is not a reversal; it is a signal.
Today's market can be described as a live textbook of 'bullish bombardment + emotional cleansing'.
The Trump Group announced a shocking operation today: Trump Media Technology Group has launched a Bitcoin treasury plan of up to $2.5 billion, which is expected to complete private fundraising by the end of this month. This is not just talk; it's solid dollars, backed by more than fifty institutions participating. This capital operation is comparable to MicroStrategy back in the day, but this time it carries the aura of an incumbent president. The market has reacted appropriately, but it’s far from the expected level; the major player had already built positions a month in advance before the news came out.
The Trump Group announced a shocking operation today: Trump Media Technology Group has launched a Bitcoin treasury plan of up to $2.5 billion, which is expected to complete private fundraising by the end of this month. This is not just talk; it's solid dollars, backed by more than fifty institutions participating. This capital operation is comparable to MicroStrategy back in the day, but this time it carries the aura of an incumbent president. The market has reacted appropriately, but it’s far from the expected level; the major player had already built positions a month in advance before the news came out.
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Trading, a little more thought can lead to catastrophic losses.
When Trump opened his mouth, the big pie instantly collapsed by 5,000 points, and altcoins fell directly by 10%-20%. Those who understand the market know that this is just a mouthful after emotional loss of control; those who don’t understand the truth might really think his son opened a short position in advance. This wave of high-level selling has liquidated 590 million dollars in leverage, of which the bulls accounted for 500 million; the fuel for the next wave of market has quietly begun to accumulate.
As for tariffs, history has certainly provided lessons. In the US-China game, American public opinion, and global inflation pressures, Uncle believes that such absurdly high tariffs cannot take shape. Policy clashes between major countries are simply posturing; after showing the knife, they ultimately have to retract it. A series of operations as fierce as a tiger ultimately leaves only a mess of risks.
As for tariffs, history has certainly provided lessons. In the US-China game, American public opinion, and global inflation pressures, Uncle believes that such absurdly high tariffs cannot take shape. Policy clashes between major countries are simply posturing; after showing the knife, they ultimately have to retract it. A series of operations as fierce as a tiger ultimately leaves only a mess of risks.
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On the road of crypto, we have been witnessing history!
Bitcoin has reached a new high again. Today, on Pizza Day, Bitcoin peaked at 111,866 points, setting a historical high, and there is still a trend of further increase. After 17 years of storms and rain, the early simple spark of cypherpunks has already become a prairie fire that cannot be contained.
Unlike the excitement from Bitcoin's new high attracting external attention, the enthusiasm within the community has significantly decreased. The absence of Bitcoin has become the greatest irony for most retail investors within the community when facing external congratulations for making big money. Even though I believe Bitcoin will reach 1 million dollars in our lifetime, the number of players considering holding without Bitcoin remains very few.
Unlike the excitement from Bitcoin's new high attracting external attention, the enthusiasm within the community has significantly decreased. The absence of Bitcoin has become the greatest irony for most retail investors within the community when facing external congratulations for making big money. Even though I believe Bitcoin will reach 1 million dollars in our lifetime, the number of players considering holding without Bitcoin remains very few.
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Several key points to focus on:
1. Regarding the rumors that the mainland will open the cryptocurrency market, it has been confirmed that the central bank governor Pan Gongsheng has indeed made some relatively open remarks, but the complete opening of digital currency trading in the mainland is still considered impossible by many, as it concerns financial order and values, as well as the core issue of foreign exchange control. However, it cannot be ruled out that some leading capital institutions may take the opportunity to speculate and preemptively buy, which is one of the strong performances of Bitcoin;
2. Data shows that Bitcoin spot ETFs have recently been exceptionally strong, driven by the passing of the stablecoin bill. Currently, there are about 50% more people in the U.S. holding Bitcoin than those holding gold assets, indicating a very high enthusiasm for Bitcoin;
3. The market capitalization of Bitcoin continues to rise, which shows a negative correlation with the arrival of the altcoin season, but indicates that the market's focus remains on Bitcoin. This is favorable in the short term, but in the long term, it may pose certain risks to the overall market.
In summary: Before Bitcoin officially enters a high-level downward adjustment, there is a strong expectation for a new high. If we reduce positions near the 105,000 point level, even if it briefly breaks 110,000 USD in the short term, it is still within an acceptable range for us. If there is a reversal later, at least the 30% idle funds from the reduced positions can be fully invested in Ethereum and some strong altcoin sectors. The concentrated altcoin market will definitely see a wave. A better scenario is that after the high-level fluctuations end, Bitcoin undergoes a final pullback of around 8,000 to 10,000 points, providing a last opportunity to enter at a lower point for the established target.
Ethereum remains unchanged at this stage, and it has been emphasized many times that we will temporarily continue to hold at a strategic level, buying and not selling until the big market peaks.
The ancient-level big player from Uni has made a third purchase, which I personally consider a relatively good signal. Pulling it up to six dollars to double, I believe it is not a problem in the visible second half of the year.
Other altcoins are pending, as the market does not fall one day nor rise, blocking out noise and maintaining a slow pace.
1. Regarding the rumors that the mainland will open the cryptocurrency market, it has been confirmed that the central bank governor Pan Gongsheng has indeed made some relatively open remarks, but the complete opening of digital currency trading in the mainland is still considered impossible by many, as it concerns financial order and values, as well as the core issue of foreign exchange control. However, it cannot be ruled out that some leading capital institutions may take the opportunity to speculate and preemptively buy, which is one of the strong performances of Bitcoin;
2. Data shows that Bitcoin spot ETFs have recently been exceptionally strong, driven by the passing of the stablecoin bill. Currently, there are about 50% more people in the U.S. holding Bitcoin than those holding gold assets, indicating a very high enthusiasm for Bitcoin;
3. The market capitalization of Bitcoin continues to rise, which shows a negative correlation with the arrival of the altcoin season, but indicates that the market's focus remains on Bitcoin. This is favorable in the short term, but in the long term, it may pose certain risks to the overall market.
In summary: Before Bitcoin officially enters a high-level downward adjustment, there is a strong expectation for a new high. If we reduce positions near the 105,000 point level, even if it briefly breaks 110,000 USD in the short term, it is still within an acceptable range for us. If there is a reversal later, at least the 30% idle funds from the reduced positions can be fully invested in Ethereum and some strong altcoin sectors. The concentrated altcoin market will definitely see a wave. A better scenario is that after the high-level fluctuations end, Bitcoin undergoes a final pullback of around 8,000 to 10,000 points, providing a last opportunity to enter at a lower point for the established target.
Ethereum remains unchanged at this stage, and it has been emphasized many times that we will temporarily continue to hold at a strategic level, buying and not selling until the big market peaks.
The ancient-level big player from Uni has made a third purchase, which I personally consider a relatively good signal. Pulling it up to six dollars to double, I believe it is not a problem in the visible second half of the year.
Other altcoins are pending, as the market does not fall one day nor rise, blocking out noise and maintaining a slow pace.
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The battle between bulls and bears is heating up; what do market makers intend to do?
In the past two days, the Bitcoin long-short volatility range has reached 5000 points. The direct impact on the market is that the drop in altcoins is much larger than the rise. A considerable proportion of altcoins have dropped nearly a week's worth of gains in three days, intensifying the tug-of-war between bulls and bears.
After the previous suggestion to reduce positions in Bitcoin and some high-profit altcoins, many friends are now asking if Bitcoin has the possibility of a fake-out reversal during the current high-level adjustment. Looking at the charts from a bullish sentiment perspective, it seems Bitcoin is forming such a pattern, with each low point being pulled back, and the four-hour chart has also shown a short-term high.
After the previous suggestion to reduce positions in Bitcoin and some high-profit altcoins, many friends are now asking if Bitcoin has the possibility of a fake-out reversal during the current high-level adjustment. Looking at the charts from a bullish sentiment perspective, it seems Bitcoin is forming such a pattern, with each low point being pulled back, and the four-hour chart has also shown a short-term high.
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Continue to reduce positions; staying alive is the qualification to bottom out.
Moody's downgraded the US sovereign credit rating from Aaa to Aa1 in response to the expansion of US government debt over the past decade, but also changed the outlook from 'negative' to stable, indicating confidence in the US economy. A slap and then a candy, the level of play is the same.
Affected by this news, US Treasury yields rose briefly, the S&P 500 ETF fell during the day, and core crypto assets like Bitcoin and Ethereum also weakened and corrected simultaneously, with market risk aversion slowly rising. While the market is flourishing, there are always some risks hidden that we cannot see. Reducing positions in advance is to stay alive and be able to bottom out.
Affected by this news, US Treasury yields rose briefly, the S&P 500 ETF fell during the day, and core crypto assets like Bitcoin and Ethereum also weakened and corrected simultaneously, with market risk aversion slowly rising. While the market is flourishing, there are always some risks hidden that we cannot see. Reducing positions in advance is to stay alive and be able to bottom out.
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Will Ethereum's trillion-dollar security plan move the market?
With the strong performance of Ethereum, discussions on various platforms about Ethereum have suddenly increased recently. The Ethereum Foundation announced in the evening that it will launch a trillion-dollar security plan for Ethereum, aiming to enhance Ethereum's security through a series of measures and encourage global developer participation. It must be said that Ethereum, which is only known for selling coins in the minds of retail investors, is now taking some real-time actions to expand its advantages in its strong dimension, which is definitely the right move. Hopefully, they will continue to push forward.
Last night's CPI data exceeded expectations, providing significant confidence that both the annual and monthly rates indicate a steady decline in current inflation. After the data was released, traders increased their expectations for the Federal Reserve to cut interest rates, and Trump subsequently called on Powell to speed up rate cuts. It must be said that when certainty is strong, this matter will definitely land, and while everyone waits for certainty to be realized, there is also a high probability of unexpected events.
Last night's CPI data exceeded expectations, providing significant confidence that both the annual and monthly rates indicate a steady decline in current inflation. After the data was released, traders increased their expectations for the Federal Reserve to cut interest rates, and Trump subsequently called on Powell to speed up rate cuts. It must be said that when certainty is strong, this matter will definitely land, and while everyone waits for certainty to be realized, there is also a high probability of unexpected events.
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Ethereum has only risen for two days, and now it starts making noise?
Ethereum is indeed the one that can stir market sentiment; Bitcoin and others are not effective anymore. Whether at 1500 points or 1800 points, the two positions' cyclical double-bottom strategy has not incurred losses as of now. The next step is to decide whether to continue holding strategically or to defend and take profits. Once the market unfolds, we will respond accordingly!
In terms of the overarching trend, I firmly believe the bull market is not over, but we are halfway through the process. This viewpoint was emphasized during the previous market crash, and I have been providing support during the most extreme circumstances. Since the violent surge that started yesterday, Ethereum is likely to take over Bitcoin and replicate the previous bull market's momentum. While Bitcoin is at a high of $100,000, Ethereum is indeed quite far behind, which is one of the fundamental reasons it can provide future localized altcoin effects.
In terms of the overarching trend, I firmly believe the bull market is not over, but we are halfway through the process. This viewpoint was emphasized during the previous market crash, and I have been providing support during the most extreme circumstances. Since the violent surge that started yesterday, Ethereum is likely to take over Bitcoin and replicate the previous bull market's momentum. While Bitcoin is at a high of $100,000, Ethereum is indeed quite far behind, which is one of the fundamental reasons it can provide future localized altcoin effects.
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Brothers, a knife hangs over the head of sex, Yua Miya made a fortune!
This morning at two o'clock, unsurprisingly, the Federal Reserve once again kept interest rates unchanged. Powell, in his subsequent speech, once again pointed the finger at Trump, blaming his tariff policy for the inflation rebound risk, and the market simultaneously dipped. During the same period, Trump announced that he would negotiate with the East University on tariff issues and released positive signals. Bitcoin's price fell first and then rose, making a direct run towards the 100,000 mark within the day.
Traders maintain their predictions of a new round of interest rate cuts starting in June, with three cuts expected this year. Uncle San believes that macro-wise, the economic data from the U.S. is indeed strong. Under this premise, if in the short term, China and the U.S. can make appropriate concessions on some tariff data that exceed expectations, even if a consensus on core issues is not reached, it still represents a significant benefit for the global economy. Based on this, it will increase the stable recovery of risk capital. The bulls in the crypto market made a strong rebound during the day, and the recent replenishment of chips by ETF institutions that sheltered in April is also based on this.
Traders maintain their predictions of a new round of interest rate cuts starting in June, with three cuts expected this year. Uncle San believes that macro-wise, the economic data from the U.S. is indeed strong. Under this premise, if in the short term, China and the U.S. can make appropriate concessions on some tariff data that exceed expectations, even if a consensus on core issues is not reached, it still represents a significant benefit for the global economy. Based on this, it will increase the stable recovery of risk capital. The bulls in the crypto market made a strong rebound during the day, and the recent replenishment of chips by ETF institutions that sheltered in April is also based on this.
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The central bank has cut interest rates and reserve requirements; smart money is getting restless.
This morning, the central bank announced a rate cut and a reserve requirement ratio cut. After injecting nearly 1 trillion in liquidity, the business environment in the second half of the year is expected to improve slightly. Just before the positive news landed, nearly 5000 stocks in the A-share market rose yesterday. It’s impossible that today's good news wasn't leaked beforehand. After the good news landed, the three major stock indexes continued to turn positive, with about 3200 stocks rising.
It is reported that the US Treasury Secretary has given high praise to Trump's recent tariff policies, and Trump has publicly stated that it is time for tariffs to stabilize. This has led to discussions about the upcoming US-China negotiations. I believe negotiations will definitely happen, but whether they will meet our expectations is a bit difficult, considering Trump's historically bombastic character. However, with the intelligence of the top two political groups globally, this matter should be handled properly without losing face for either side. In summary, the worst phase has passed, and it is sufficient to maintain necessary expectations under not overly optimistic conditions.
It is reported that the US Treasury Secretary has given high praise to Trump's recent tariff policies, and Trump has publicly stated that it is time for tariffs to stabilize. This has led to discussions about the upcoming US-China negotiations. I believe negotiations will definitely happen, but whether they will meet our expectations is a bit difficult, considering Trump's historically bombastic character. However, with the intelligence of the top two political groups globally, this matter should be handled properly without losing face for either side. In summary, the worst phase has passed, and it is sufficient to maintain necessary expectations under not overly optimistic conditions.
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Alpacas increase 30 times in a week, women earn 2 million in 24 hours, the world is in chaos!
In the last round of Binance voting to delist Alpaca, it ranked seventh. Amidst all the doubts, Alpaca was one of the fourth to be delisted. If Binance's voting to list and delist is a complete joke, then the continuous decline after listing and the unstoppable pull after the announcement of delisting are the biggest mockery of the current market operation mechanism.
Alpaca can achieve such a trend, the main force's absolute control over the spot market, and the listing on Binance Futures are indispensable. Faced with the possible sharp drop in liquidity after delisting, and the premise that the crazy selling of retail investors before delisting caused the coin to plummet, the long orders of a huge amount were placed in advance, the negative funding rate was raised to the extreme, and the settlement income of the funding rate was reversed to cover the spot to continue to pull the market. When the market stopped trading, the income from the long contract orders was far greater than the loss from buying the spot. In the end, the coin was delisted as scheduled, retail investors held on to the end, and the dog dealer still had the last laugh.
Alpaca can achieve such a trend, the main force's absolute control over the spot market, and the listing on Binance Futures are indispensable. Faced with the possible sharp drop in liquidity after delisting, and the premise that the crazy selling of retail investors before delisting caused the coin to plummet, the long orders of a huge amount were placed in advance, the negative funding rate was raised to the extreme, and the settlement income of the funding rate was reversed to cover the spot to continue to pull the market. When the market stopped trading, the income from the long contract orders was far greater than the loss from buying the spot. In the end, the coin was delisted as scheduled, retail investors held on to the end, and the dog dealer still had the last laugh.
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