Before the listing of this coin, the 🐶 market maker generally concentrates a large amount of chips in their own hands. The top 10 holding addresses often account for more than 90%. After the listing, they will dump the market and then wash the positions, causing a gradual decline 📉, giving retail investors the illusion that they can profit by casually shorting without any technical skills. Then, at some obscure time (like five in the morning), they suddenly pump the price by over 50%, trapping a large number of retail investors. At this point, they will change the funding rate on major exchanges to once an hour while opening huge short positions, pushing the funding rate to -2.0 and simultaneously opening long positions on some smaller exchanges with a total position size more than double. At this time, the harvesting has already begun. Most retail investors will have the illusion that they can hold on and get through this. This is the first trap set by the 🐶 market maker. Under such a high negative funding rate, even if you eliminate the risk of liquidation due to your price being too high, the funding fees charged every hour can still wear you down (-2✖️24✖️4🟰-96). This means the 🐶 market maker doesn't even need to pump the price; they can simply maintain a sideways market to harvest most retail investors.
The second step in the 🐶 market maker's harvesting is to pump the price from the left hand to the right hand. Because it is the 🐶 market maker's own liquidity pool, they almost incur no transaction fees. This allows the market maker to further raise the coin's price through self-buying and self-selling, trapping retail investors and attracting more new investors. Meanwhile, various stop-loss spikes occur in contract trading on exchanges, trying to arbitrage using high leverage. The final harvest is when all retail investors believe that getting out is hopeless and start going long or cutting losses. At this time, the 🐶 market maker will once again use a market-making robot 🤖 to close all long positions at some obscure time, causing the price to crash directly, harvesting all retail investors who went long. Finally, there is a slow downward trend 📉 to liquidate. The earliest to create this strategy was Trb in 2023, the most intense was MYX in July 2025, and afterwards, Coai AiA, pippin, including the current River, are all doing this. It's very disgusting. Don't ask me how I know this; I am a victim.
$RIVER