莲花小人

After spending two hours, I figured out why $IP has a net outflow while the funding rate is negative, but the price keeps rising.
The first thing is that this coin, IP, is a highly controlled coin with a holding ratio of over 90%. It claims that the circulating supply outside is 24.99%, and says that 10% was airdropped for community building. However, the community only received 7,128,243 coins, which will be shown in the screenshot below. Therefore, 7,128,243 / 249,900,000 = 0.02852438, which is far below 10%, much lower than the actual circulating quantity announced by the official. I believe these tokens outside won't disappear; they are all in the hands of the project party.
Moreover, according to an article posted by Teacher Chen Jian on Twitter, there indeed exists a large ghost buy order that is always 0.02-0.03 lower than the market price, regardless of market price changes. This order always hangs here at a price lower than the market price and will never be executed, creating a strong signal of buying support below for secondary players, and some individual quantitative strategies will also be affected by this.
Therefore, I judge that the IP coin has already eaten up most of the painfully scarce chips in the market in the past few days, making it very easy to control the market for the spot market. At this point, it may have controlled the warehouse to 95%. Then it sells in the spot market while opening a large number of long positions in the futures market, but it must ensure that the spot price is higher than the futures price to maintain a negative funding rate, conducting multiple bait shorts. The futures market continues to absorb short players' orders and the funding rates paid by the bears, profiting from both sides. The stick country is still relatively ex, and I predict that this IP has eaten enough, the scam will be revealed, and if no one participates in the futures, it will start to heavily dump the spot. It is better for everyone not to touch this IP coin. If I made any mistakes in my analysis, please leave a message in the comments section; it's really not easy to write this. Could you give me some likes and follows to satisfy my vanity?

Arbitrage trading management method
1. Selectivity is very important, sector popularity, currency popularity,
2. Do not resist single light position operation, 30% each time as the target value, do not be reckless, exclude unstable coins
3. Stop loss setting needs to be handled very carefully every time
If you can do the above, you can stabilize your mentality and wait for the transaction to reach the million rate

I am not a master of guaranteed profits; I also have my off days. The high success rate is due to my understanding of this coin, which I have studied for a period of time. I didn't sleep well during my business trip yesterday, so I caught up on some rest. In the evening, I will take everyone out to eat meat. Investing carries risks, and following trades requires caution. I hope everyone can make money in the crypto world.

This old six costs me 13 dollars, feeling full 😳

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