2026-01-05 00:23:11

Someone tracked the recent PIPPIN chart, and the short positions have been holding on. Initially, it was thought that the market maker had no more funds, but after sideways trading at 0.4 for more than half a month, it suddenly surged to 0.76. It seems that either new funds have entered the market or a new trading partner has been found. Looking at the wave pattern of this K-line, this manipulation method is indeed unorthodox.

Short position holders are still holding on desperately, with the hourly funding rate bleeding out funds, while the market maker is happily harvesting. As the price looks like it might break below 0.3, the big players have recently reversed and pushed it back to around 0.5. Based on the current account situation, the margin remaining is $10.58 million, and unrealized losses have approached $5.4 million. If this sideways-then-pump-and-dump pattern continues, it’s purely consuming margin, with the funding rate bleeding out funds every hour. The final outcome will most likely be gradually eaten away.

PIPPIN32,78%

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ChainPoet

· 01-07 23:44

The short position this time is really incredible. Holding on while bleeding every hour, the market maker is just teasing the traders. This technique is really sneaky, pulling the price sideways and gradually draining your money. It went up to 0.76 and then crashed down again—ridiculous. With such high funding rates, it's impossible to hold on. Why are there so many bagholders? They insist on fighting against the market maker. The margin still has over 10 million left, but the unrealized loss is 5.4 million. How long can this account last? The trader must have found a new backer; otherwise, they wouldn't be so aggressive. This rhythm is clearly for harvesting. The high funding rates and sideways movement are just draining everyone. Who can withstand this combo? PIPPIN looks suspicious; better stay away.

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InfraVibes

· 01-07 11:46

Short positions are holding up so strongly, truly brave warriors. The fee rate is bleeding out every hour, this manipulator is slowly eroding. From 0.4 to 0.76, this rebound is indeed a bit fierce, indicating that new funds are indeed coming in. Something's off, the margin still has 10.58 million but the floating loss is 5.4 million? This is already very dangerous. If there are a few more sideways consolidations and price manipulations, it might be close to liquidation. This combo punch from the manipulator is really brilliant. Sideways consolidation tests your patience, pulling up the price to cut your positions—it's basically a harvesting machine. The fee rate keeps bleeding out. If this continues, the profitability of short positions will be halved just by the fee rate.

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StakeOrRegret

· 01-05 19:11

The market maker's technique is really superb. Why are the short sellers still holding on stubbornly? --- 0.4 to 0.76, this rebound is too fierce. How can the funding rate withstand it? --- Losing money every hour, this must be the feeling of being slowly eaten away. --- 10.58 million in margin against 5.4 million in unrealized loss, how long can this account last? --- Range-bound - Pump - Range-bound, it's purely a game of consumption, the rhythm is perfect. --- Is it new funds or a new partner? It doesn't matter anymore; the shorts are bound to lose. --- Looking at this K-line logic, it's indeed not proper, but they have bullets, so what can you do?

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AirdropGrandpa

· 01-05 11:21

This market maker is really ruthless, pushing from 0.4 to 0.76, brothers holding short positions are bleeding heavily. --- Losing blood every hour, this fee rate is just like a vampire. --- Almost out of the 10.58 million margin, still stubbornly holding on? --- This tactic is indeed dirty, the routine of sideways accumulation has been played out. --- Holding short positions stubbornly, eventually being eaten to bits. --- Floating loss of 5.4 million, how much pressure do you need to withstand to see this number? --- The market maker is harvesting greedily, retail investors crying. --- This rhythm is purely to grind the market, the funding fee rate is draining out every hour.

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SoliditySlayer

· 01-05 00:52

Short positions are being drained completely; this is the cost of playing with leverage.

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¯\_(ツ)_/¯

· 01-05 00:47

The dealer's combination of sideways trading and price manipulation is really impressive; short positions can't hold up. This move doesn't feel like it's done by just one person; there must be new funds coming in behind the scenes. The fee rate is bleeding out every hour; if this continues stubbornly, it will just be a matter of time before a breakout occurs.

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GasFeeWhisperer

· 01-05 00:39

Damn, it's the same old trick. I've seen it so many times, and it still makes me sick.

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GateUser-cff9c776

· 01-05 00:39

This is Schrödinger's bull market—shorts stubbornly holding on, and the big players harvesting profits, perfectly illustrating the philosophy of a bear market. To be honest, with the supply and demand curve leaning heavily in one direction, these K-line fluctuations are not really an art of technical analysis; it's purely a margin consumption race. 10.58 million floating loss, 5.4 million liquidated. At this pace, it's truly a fate being gradually eaten away... terrifying.

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