$RAVE The contract and spot price are only $3 apart, you might not think much of it, but that's $21. You don't even make $10 an hour at your job, and the difference is already $20. Real talent.

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Duoerma
· 10h ago
Steadfast HODL💎
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Gate.io
· 10h ago
$RAVE Some information can be inferred from the funding rate. A sudden shift to -2% indicates a change in the funding structure of the contract market. There are two possibilities: 1. A large number of long positions have been liquidated, with the total number of short contracts far exceeding longs (which is obviously unlikely); 2. Large funds are closing their long contracts, resulting in massive selling, causing the contract price to be far below the spot price. When combined with a rise in the spot price, it suggests manipulation by the market maker, because only they have vested interests in such behavior. Raising the spot price with minimal capital expenditure to accumulate a large amount of liquidity chips is clearly aimed at clearing out their existing long contracts.
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