2026-01-07 03:27:34

The market manipulators of the $PIPPIN project are indeed ruthless. From the upward trend to now, it has been over a month of turbulence. The most outrageous part is the funding rate—when prices rise, the rate skyrockets; after a decline, it switches to a sideways mode to continue harvesting.

I personally opened a 10U position, and just the funding fee alone ate up more than 10U. Think about it—before making any profit, the fee rate has already wiped out all gains. This kind of trading tactic is actually quite common—by controlling the coin's price fluctuations to create a high-fee environment, both shorts and longs are bleeding continuously. Once the market is stuck in a certain range and consolidates, the fee rate becomes even more aggressive—because no one can predict the direction, they can only keep paying the fees.

This is why some coins can maintain high funding rates for a long time. The market manipulators don't necessarily need to push the price very high; as long as the market remains sufficiently sticky and volatile, the fee rate will become the largest cost black hole for traders holding positions.

PIPPIN-28,48%

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ReverseFOMOguy

· 01-09 18:47

Fees are just a big knife for cutting leeks, there's no way to avoid it 10U principal is eaten up by fees for over 10U, that's true despair The big players really don't need to exert effort to manipulate the market; just sideways trading can make retail investors lose everything, so ruthless I've seen too many tricks like PIPPIN's sideways accumulation to harvest profits, next time just avoid it High fees at peak levels are even more uncomfortable than a limit-down... really

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NervousFingers

· 01-08 21:18

High fees eat people without leaving bones; only through personal experience do you understand Sideways trading is the most terrifying, there's nowhere to run 10U principal folded into the fees, can't even smile That's why I immediately turn around when I see coins with high fees The market makers profit even without pumping, while we bleed daily; the design is just too ruthless

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PortfolioAlert

· 01-07 03:57

Fees are like vampires, worse than crashing the market 10U principal just lost the fees, there's no way to trade like this Sideways trading is the worst, it deducts money even when nothing moves That's why I only watch and not act now, waiting for the big players to get tired I always avoid coins with maximum funding rates, learned my painful lesson

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ser_ngmi

· 01-07 03:47

Fee rates eat up the principal, this is the contract's meat grinder The market maker doesn't need to manipulate the price; just sideways movement can make a fortune PIPPIN has been really disgusting this month; I've seen harsh ones, but never this disgusting Funding fees, the more sideways, the more they deduct; the more chaotic, the more deadly Turning 10U into 0, fee rates are the real killer

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MevShadowranger

· 01-07 03:46

The fee rate thing is really a black hole; even 10U principal gets completely drained. Sideways trading is the most disgusting; I really can't play. The market makers just exploit this, oscillating to harvest fees. As for PIPPIN... I also see through it; it's purely a fee rate meat grinder. What can I say, when the market is stuck, it's over; fees can drain you for three months. This is the real ATM; even if the price doesn't move, the fees keep deducting.

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NFTRegretful

· 01-07 03:45

Fees are just knives for cutting leeks; sideways trading is the most terrifying. Only after being scammed do you realize what the invisible hand really is. 10U principal with over 10U in fees, this is outrageous... The market maker is truly unbeatable. I'm also watching this PIPPIN wave; the fee rate has stayed high and never dropped. Sideways trading is the most deadly, more terrifying than a crash. Fee rate black hole, whoever enters loses, simple and brutal. That's why I now avoid coins with high fee rates directly.

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Blockchainiac

· 01-07 03:38

Fee rates are truly invisible scythes; big players especially love to play this game. Tenfold leverage fee rates eat up one’s principal? I've seen this move too many times. Sideways trading is the most annoying; doing nothing just deducts your money. $PIPPIN like tokens are basically fee rate harvesters, they don't even need price fluctuations. Now I see funding rates skyrocket, I just run away, no longer greedy for those floating gains. Honestly, sometimes sideways trading is more uncomfortable than a crash; at least during a crash, you can cut losses. That's why I only trade spot now; the leverage pools are too deep. This funding rate system is especially fierce in a bear market; when big players have nothing to do, they rely on it to suck blood.

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0xSleepDeprived

· 01-07 03:30

The fee rate black hole is truly deadly; 10U principal was directly wiped out. Sideways trading is the most disgusting, with fees more greedy than volatility. The dealer's tricks are too deep; there's no way to defend against them. That's why you need to set stop-losses, or the fees will keep eating away. I've already exited this PIPPIN position long ago; I can't afford to get hurt.

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