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$RAVE 0.3 to $14 in just 6 days. The short sellers must be exhausted, with funding rates deducted daily, the more they hold, the more they lose, and they’re also worried about a sudden surge.
They’re reluctant to cut, but if they don’t, they keep bleeding; even big traders with short positions are still trapped, and the short sellers are waiting for a big crash, but before the crash comes, we’re very likely to be finished!
Apart from the main players inside, no one can move the market.
Now the whales are making money just by earning the funding rate, feeling great, and with such a lucrative setup, how could the whales easily stop?
99% of the chips are highly concentrated; it wouldn’t be surprising if it’s pushed to 50. I’ve already admitted my mistake and paid for it.
Salute to every short seller who has resisted 🫡
Respect the trend, don’t keep going long against it ⬇️⬇️⬇️#Gate广场四月发帖挑战