Layer2Arbitrageur
This wave of $PIPPIN$ decline has held up pretty well, without a deep plunge. Currently, the market is experiencing funding fee costs, and short sellers may have been heavily charged these days—I've heard that some people paid a lot in funding fees over the past 5 days. However, this situation also presents an opportunity; from a contrarian perspective, long positions can actually earn some funding fee subsidies during this period. The market always seeks balance within this structure, and the losses of short sellers indicate that there is genuine demand on the long side. This time, I need to
PIPPIN-4.06%