2026-01-04 09:23:11

Recently, PIPPIN has become quite interesting. Looking at the chart, it is currently in a short squeeze rally phase, with a very obvious yellow-green band near 0.5 clearly visible. From a technical perspective, short positions at this price level are highly likely to be wiped out, and the liquidation process itself will bring new upward momentum to the price.

Many seasoned traders in the market have suffered losses here. Notably, a mysterious veteran trader is currently facing paper losses of over 2.8 million U.S. dollars. Even more heartbreaking, the negative funding rate costs over the past month are estimated to be in the millions—under such conditions, the cost of shorting is significant, and one should be aware of that.

The current advice is very clear: do not short. If you already hold long positions, focus on the 0.53 level, as the probability of a breakout there is relatively high. The subsequent trend will depend on real-time market performance; there is no absolute script.

PIPPIN-5,03%

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SchrodingerAirdrop

· 01-07 09:17

2.8 million directly explodes, this is a bloody lesson Those shorting PIPPIN should reflect on it, a fee rate cost of millions is truly outrageous I'm optimistic about the 0.53 threshold; once broken, it will take off

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ZeroRushCaptain

· 01-06 16:11

2.8 million directly evaporated, this is called paying tuition fees It's both a short squeeze and a liquidation, I feel like I've heard these words a hundred times before Shorts get swept and then it rises? Fine, I'll try shorting in the opposite direction, anyway we have experience losing money Breakthrough at 0.53? That will probably be a fake breakout again, I've fallen for this trick too many times Don't short, this phrase sounds like a curse on my account tomorrow Negative fee rate of a million? Brother, are you showing off or trying to scare me? This wave of market movement has no absolute script, so it can both fall and rise, is that called analysis? I looked at someone else's corpse on the battlefield, then I charged forward, this damn gambler's fate

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HallucinationGrower

· 01-04 09:49

2.8 million loss is really incredible; this is the consequence of shorting. Did it break through 0.53? It looks a bit uncertain to me. PIPPIN's short squeeze this time is indeed fierce. If you're timid, don't play. With such terrifying funding fees, who still dares to short? You're asking for death. Can the long position reach 0.53? It feels a bit uncertain. I'm optimistic about this market; the shorts should have cleared out long ago.

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MysteriousZhang

· 01-04 09:45

2.8 million directly exploded, how strong must this guy's mentality be, I would have run away long ago

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Degen4Breakfast

· 01-04 09:40

2.8 million lost and still playing, this guy is really strong Shorting is just arguing with the market, PIPPIN who makes money in this wave will never speak out Breaks below 0.53 and follow, this is the proper way to do things All short positions should be wiped out, deservedly

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FlatlineTrader

· 01-04 09:35

2.8 million U lost, how tough does this guy have to be? I need to learn from this kind of losing mentality. PIPPIN's short squeeze this time is indeed interesting, but I'm still a bit scared, always feeling like I'm destined to buy at a high price. Is breaking 0.53 critical? Let's see. Shorting? No way I would do that, with such disgusting fees, who plays who for fools. Holding long positions, betting on a break below. This 0.5 yellow-green band is tightly locked, sooner or later it will have to give an explanation.

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