$MARSCOIN on-chain leveraged gold is pulling out, and I’ve bitten down hard on this short. The price doubled in a single day, but both on-chain borrowing and the 12-hour average are negative right now, meaning real money is repaying debt and exiting in batches. Funding rates have turned positive, longs are lining up to pay, and the more they pay, the weaker it gets. I’ll keep shorting this paper-position-rigged rally.
