$HOT 💸 The bears in the market aren’t just losing money on paper—they even have to pay funding fees to the bulls every settlement!
The funding rate has now plunged to -0.12%. Whenever settlement rolls around, short sellers have to obediently pay the longs a toll. The longer they hold on, the more money drains from their pockets.
That savvy whale known as 408a1 just happens to be on the side collecting money while sitting back. They entered a long position worth over 60,000 U at 0.000498, and are now sitting on a solid profit of more than 2,000 U.
Meanwhile, the bears are already sitting on over 90,000 U in unrealized losses on their 1.87 million U short position. Add the funding fees they have to pay each round, and those who can’t hold out will eventually have no choice but to cut their losses and buy back to close.
The bears lose more the longer they stubbornly hold on, while whale 408a1 keeps making more the longer they hold. Just follow them in and cash in—go long decisively!
The funding rate has now plunged to -0.12%. Whenever settlement rolls around, short sellers have to obediently pay the longs a toll. The longer they hold on, the more money drains from their pockets.
That savvy whale known as 408a1 just happens to be on the side collecting money while sitting back. They entered a long position worth over 60,000 U at 0.000498, and are now sitting on a solid profit of more than 2,000 U.
Meanwhile, the bears are already sitting on over 90,000 U in unrealized losses on their 1.87 million U short position. Add the funding fees they have to pay each round, and those who can’t hold out will eventually have no choice but to cut their losses and buy back to close.
The bears lose more the longer they stubbornly hold on, while whale 408a1 keeps making more the longer they hold. Just follow them in and cash in—go long decisively!
