2025-12-25 04:21:03

Looking at PIPPIN's recent market movement, what's truly worth paying attention to isn't the direct confrontation between it and the whales, but rather how much of the funding rate behind the scenes has been absorbed. The whales definitely won't let this head short position be closed in the short term. Instead of forcing the market, it's more profitable to let it consolidate—gradually eating up the funding rate, and relying on small fluctuations to continue harvesting. The previous pump was essentially to blow out the small positions following it; once it can't be pushed further, traders will settle their mindset and start entering a fee-earning mode.

To put it plainly, most of the big traders' recent public disclosures on the square haven't been very ideal. Some have announced large-scale position-building plans, only to end up either liquidated or forced to admit losses. Will this situation repeat itself this time? History often looks remarkably similar.

In trading, you still need to learn how to protect your positions to avoid passive exposure. The cost of not affording the funding rate is one thing, but the risk of being targeted is even more unacceptable.

PIPPIN-27,79%

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FunGibleTom

· 2025-12-28 04:02

That's why I never perform solo on the square; being low-key is the way to go.

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VitalikFanboy42

· 2025-12-28 03:26

Fee rates are really the hidden way to cut leeks; if you're not careful, you'll suffer heavy losses. Everyone who posted their gains is dead, and this time they can't escape either. Consolidation is the most terrifying, slowly eroding your principal. Big players also need to stay low-key; exposure is just asking for death. Funding rates can eat away half of your position in three months, that's the real killer move.

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failed_dev_successful_ape

· 2025-12-27 23:38

Fee rate wars, this is the real killer move, more ruthless than betting against the house Big traders who follow the trend and share their trades should reflect on themselves; trading is a battle against oneself, don’t always think about beating the market maker Paying high fees is more painful than liquidation; sideways trading is the most toxic remedy 99% of large traders’ public orders end badly, and this wave of PIPPIN won’t be an exception Funding rates are the real hidden killer, more deadly than any technical analysis Frequent exposure of positions = actively feeding the market; how many people still haven’t realized this truth? Instead of chasing hot topics and copying trades, it’s better to learn how to avoid risks; surviving is the real victory

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notSatoshi1971

· 2025-12-27 19:43

Fees are indeed the hidden killer. Large investors sharing their trades is like committing suicide. Haven't we learned enough from history?

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BearMarketBuilder

· 2025-12-25 04:51

Fees are truly invisible ways of cutting leeks, and it's impossible to defend against them. Everyone who posts their gains deserves it; blaming others is pointless. Sideways trading is the most terrifying, with funds bleeding nonstop. Big players bet against small investors; this is always the same routine. The first step to making money is to avoid being seen. This round of PIPPIN is probably a textbook-level fake-out. Accumulating fees is more painful than a direct liquidation. Don't dance with the market makers; the risk is endless. Protecting your positions is more important than anything else, really. Small amounts across multiple accounts still work.

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MoneyBurnerSociety

· 2025-12-25 04:49

Fees are always an invisible scythe, gentler than liquidation...

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TestnetNomad

· 2025-12-25 04:47

Fees can really wear you down over time; sideways trading is the most terrifying.

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GateUser-c799715c

· 2025-12-25 04:38

The issue of fees is essentially trading time for space; the big players are playing it very cunningly. The guys posting their trades on the square, none of them ended well. I feel anxious for them. The secrecy of positions really needs to be taken seriously; being targeted and having your orders爆单 is even more painful than directly losing money. This sideways movement, although it looks boring, is actually the most heartbreaking. It's not losing money that worries me, but being taken as a fool and not even realizing it.

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MEVvictim

· 2025-12-25 04:37

Yeah, I've seen this routine many times; sharing order screenshots has become a lesson for new investors. Fees can really slowly kill you; sideways trading with fee erosion is more painful than a crash. History repeats itself; when big players go public, it's just giving snipers a target.

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