The airdrop redemption period for BREV has just ended, and the arbitrage strategies of airdrop participants are beginning to emerge. Many people immediately sell off their airdrop profits and turn around to short this coin—this logic has already formed a frightening market inertia.
Since 12:00 this morning, BREV's funding rate has never dropped below -1%, and it has even fallen to the -2% range, indicating that there has been continuous buying pressure to push the price up, but at the same time, shorting forces are also pouring in constantly. Many airdrop participants have already cashed out all their early gains, and a wave of regret articles is likely to appear later.
This is a typical case of "people making quick money end up making money for those still holding." With such a deep negative rate, long positions are bleeding continuously, while short sellers are steadily accumulating profits. If you haven't followed the trend to short, at least it shows you still maintain rationality—which, in a market chasing short-term gains, is already a kind of victory.
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PoetryOnChain
· 01-10 12:46
It's the same old trick, I should have seen through it long ago
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Airdrop enthusiasts finish harvesting and then short again, this tactic is really clever
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Negative fee rate of -2% and still dare to pump? How committed must one be as a believer
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Not following the trend means winning? I think it's because they have no money to follow the trend haha
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Every time after an airdrop, it's the same, the periodic slaughtering begins
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With such a deep negative funding rate, the bulls are definitely bleeding wildly
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All early gains are wiped out, this is the most heartbreaking ending
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LiquidationKing
· 01-09 15:21
Another scene of retail investors turning against each other, truly incredible
Airdrop enthusiasts fighting each other, this market just keeps cycling like this
Had I known earlier, I should have followed the trend and shorted. Now I can only watch the negative fee rate bleed out
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LiquidityWizard
· 01-09 02:55
It's the same old trick again, airdrop enthusiasts finish a round of profit-taking and then run, leaving only the trapped retail investors.
-2% fee rate is so deep that who would dare to buy the dip? That's hilarious.
Not following the trend to short actually becomes a victory? Ha, this sounds like an excuse for your own losses.
BREV's recent move is truly textbook-level harvesting, one word: absolute.
If I had known earlier, I wouldn't have been greedy for those airdrops, now I'm losing even more.
The pumpers and the short-sellers are draining each other's blood, and retail investors end up with nothing.
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NFTFreezer
· 01-07 14:51
This fee rate is ridiculously high; airdrop enthusiasts really just dump them as soon as they get them, showing no mercy at all.
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CryptoGoldmine
· 01-07 14:47
The fact that the fee rate has dropped to -2% is interesting, indicating that a network of short-selling computing power has already formed. Airdrop enthusiasts arbitrage and then dumping is indeed old-fashioned, but that's how the market operates. Those who make quick profits always rely on information advantages and speed to crush later entrants.
View OriginalReply0
LiquidationWatcher
· 01-07 14:47
-2% funding rates? nah man, been there, lost that. watching longs get absolutely bled dry rn is giving 2022 flashbacks fr fr
Reply0
CrossChainBreather
· 01-07 14:39
Fee rate -2% is still stubbornly holding on. Are these people really here to give away money?
View OriginalReply0
LuckyHashValue
· 01-07 14:35
Airdrop enthusiasts scamming other airdrop enthusiasts, this trick is really clever...
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Another classic case of earning first and losing later, everyone in the group will be saying "I regret it" eventually.
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-2% fee rate? How many people are going against it?
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Immediately dumping and shorting after claiming the airdrop, truly selling out your own teammates.
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Not following the trend to short turned out to be the rational choice; life is really tough these days.
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This is the fate of retail investors: making quick money but getting cut again in return.
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The BREV script is so standard; the next coin will probably be the same.
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The funding rate is so negative that the bulls are really bleeding.
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People who lost all their early gains are probably smashing their keyboards now.
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Reminds me of how many airdrop coins followed this routine before; someone always falls for it.
The airdrop redemption period for BREV has just ended, and the arbitrage strategies of airdrop participants are beginning to emerge. Many people immediately sell off their airdrop profits and turn around to short this coin—this logic has already formed a frightening market inertia.
Since 12:00 this morning, BREV's funding rate has never dropped below -1%, and it has even fallen to the -2% range, indicating that there has been continuous buying pressure to push the price up, but at the same time, shorting forces are also pouring in constantly. Many airdrop participants have already cashed out all their early gains, and a wave of regret articles is likely to appear later.
This is a typical case of "people making quick money end up making money for those still holding." With such a deep negative rate, long positions are bleeding continuously, while short sellers are steadily accumulating profits. If you haven't followed the trend to short, at least it shows you still maintain rationality—which, in a market chasing short-term gains, is already a kind of victory.