Let’s get to the conclusion first: AVA dropped 7% in a day, and shorting didn’t gain an advantage—funding fees are effectively returning an annualized 888%. In the past hour, 96% of liquidations still landed on shorts.

Nine exchanges’ spot prices are currently stuck around 0.231; over the past 24 hours, the high was 0.277 and the low was 0.216, with the drop hovering around 7%.

The harshest rate is Gate—an annualized rate of returning 888% to traders; Bybit returns 801%, and even Binance returns 752%. Shorts are truly putting real money on the table to buy orders based on their bearish conviction.

Conviction couldn’t hold: in the past hour, liquidations totaled $229,000, with 96% targeting shorts; over the last 24 hours, open interest actually shrank by 24%, and many people have already bailed early.

$AVA $BTC

#资金费率 #Contract market

After sticking around and taking the loss for so many years, you’re still stubbornly holding on—what is the short position diagram trying to show?

Check in real time: https://www.coinboss.com/currencies/AVA