2026-01-06 17:36:44

After a certain cryptocurrency's investors entered the market, the market enthusiasm quickly surged. Yesterday, traders who shorted the coin with a daily financing rate of 18% faced a tough situation today if they didn't take profits in time or continued to short at low levels. The rising price of the coin combined with hourly fee deductions created a double blow of "coin appreciation, fee increase." Just looking at the fee rate data reveals how desperate those shorts who missed the profit-taking window are—during peak periods, the fee rate even soared to over -2%/hour, which translates to a daily interest of -48%. With such fee levels, few accounts can truly withstand it. While this is good news for long positions, for those shorts who stubbornly go against the trend, every hour is being eroded from their accounts.

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PretendingSerious

· 01-09 02:11

The short position this time is really brutal, a daily interest rate of 48%. Who can withstand that? It's time to admit defeat and exit. --- It's that kind of chasing highs story again. Someone always insists on going against the market. --- -2%/hour? This fee rate is basically a meat grinder. No wonder so many people get liquidated. --- How nice it would be to take profits early. The result of betting on a rebound is exactly like this. --- Watching others' accounts being drained is really satisfying, haha. --- That's why I never hold positions against the trend. Losing a little money is always better than paying high fees. --- Funding rates are a nightmare for shorts. Going long the other way is much more comfortable. --- Some people really think luck is skill. It's time for them to wake up. --- A daily interest rate of 48% is a killer level. Admitting defeat early is the smart move. --- The most exciting part is watching a good show, but unfortunately, it's not me being liquidated this time.

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ProxyCollector

· 01-08 21:16

How strong does the bearish mindset need to be right now... One hour -2%, who can withstand that?

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PrivateKeyParanoia

· 01-07 06:20

The short position has really been pressed to the ground and ground down this wave, -2% per hour is basically cutting meat.

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ImaginaryWhale

· 01-06 18:06

Daily Chemical 18%? This guy definitely got liquidated yesterday haha This fee rate just makes me laugh, short sellers holding on with -48% daily interest, really getting eaten alive Longs are making a killing, shorts are bleeding, just like that I told you early on not to go against the trend, but you insisted on fighting the market Oh my god, that -2% report, I can't see this in my account

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ZenChainWalker

· 01-06 18:06

Yeah, this round of short sellers is really miserable. Yesterday they were "holding steady," and today they are being drained alive. The coin's fee rate is also increasing, who can withstand this? -48% daily interest? Purely a liquidation machine. Those greedy traders who didn't take profits are now bleeding every second. Serves them right. This is why I never hold onto positions. Take profits when the time is right and live a few more days. Honestly, the most feared thing for shorts is this kind of sudden market movement. The fee rate pulls in opposite directions, and despair worsens hour by hour. The crypto world is like this—what seems certain today can become a trap tomorrow.

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bridgeOops

· 01-06 18:06

This daily interest rate -48%? Bro, you're not shorting; you're committing suicide. Where's the stop-loss?

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DegenWhisperer

· 01-06 18:04

Shorts are now so desperate that they can't even withstand a -48% fee rate. This is the cost of greed.

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DAOplomacy

· 01-06 18:04

ngl this is basically a textbook case of sub-optimal incentive structures collapsing under path dependency... shorts getting absolutely liquidated while fees compound hourly is *chef's kiss* game theoretical nightmare material

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JustHereForAirdrops

· 01-06 18:02

A 18% fee rate for shorting in daily chemical is still not running away, are you trying to feed your account to sharks? --- -2%/hour hahaha, this shorting wave really deserves it --- Another blood and tears story of retail investors, you should have taken profits early but didn't listen --- Looking at this fee rate, I just laugh. Why are you still holding on? --- The bulls are winning big, the bears are being repeatedly cut --- This is the price of greed, when the opportunity is right in front of you, you still want to gamble --- When the fee rate skyrockets, keep dreaming, everyone wake up --- Double blow, truly despairing, account gradually eroding --- Next time remember, when the 18% fee rate turns red, it's time to run

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