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Don't remind me again today

Have you ever thought about why this kind of altcoin, $PIPPIN , can soar like crazy?



The trick is actually very simple - the big players first go on the chain and buy up a lot, directly driving up the spot price. When the spot price rises, the contract price naturally takes off as well, conveniently liquidating all the short positions along the way. Those liquidated short positions? That's the first wave of profit for the market makers.

What's even more ruthless is that retail investors see a continuous rise and start to FOMO into long positions. These open long positions become the target pool for the next round of harvesting by the whales.

So how do they ultimately cash out and exit? This is the most critical question. When the long position holding volume piles up to a certain extent and a sudden sell-off occurs, those who bought at a high price do not have time to stop their losses, resulting in another round of liquidation feast.

Do you understand? When it rises, harvest the short sellers, and when it falls, harvest the long buyers, making money both ways.
PIPPIN-3.88%
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