The shorts on $IOTX are like renters who’ve paid a deposit but still haven’t got the keys: funding rate at -0.375%, paying every period.
Annualized at around 410.9%—can the shorts still take it?
Keep your position light, and sleep a little easier. Follow me for a few laughs while you keep an eye on the charts.

#IOTX

For reference only, not investment advice.