2026-01-09 21:20:51

Recently, an interesting phenomenon has been observed: many old coins suddenly surge, and as a result, the funding rate immediately turns negative. Originally, the funding rate was collected every 8 hours or 4 hours, but now it has been changed to every 1 hour. This operational rhythm reveals some clues.

In simple terms, this is the market makers playing with fire. They dare not continuously add positions for fear of causing a market crash; they also hesitate to exit easily, worried about the costs cutting into their profits. As a result, they get locked into this negative funding rate mechanism—pushing the price too far, with the funding rate inverted, turning into a black hole of costs.

A few days ago, I saw several coins using this same tactic. It looks like a sharp surge, but in reality, it’s using extreme changes in the funding cycle to transmit risk. For retail investors, the difficulty of choosing the right entry point has increased significantly.

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RamenDeFiSurvivor

· 01-09 21:41

This negative fee play is really brilliant; the market maker has trapped itself. Charging for 1 hour? That's just bleeding out wildly. Should have exited early. Watching the pump, but actually digging their own grave. It's truly a cost black hole—whoever moves first will be doomed. Retail investors entering now? They're asking for death.

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GhostInTheChain

· 01-09 21:37

This negative fee rate is really amazing; the market makers are digging their own pits deeper and deeper. Fee rate inversion is a dead end; there's no way out. Looking at these operations, rather than pulling the market up, it's more like self-suffocation. These few coins are all using the same套路, could they all be from the same group? Retail investors are just wiping their butts for them. A 1-hour fee rate, is this crazy blood-sucking? Honestly, it's just greed gone too far; now they can't even move. It feels like watching a black comedy by the market makers. Think carefully before entering; this atmosphere feels off. The fee mechanism is backfiring and punishing the market makers, isn't that ironic? This is playing with fire until you burn yourself.

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AirdropSkeptic

· 01-09 21:37

Uh, it's the same trick again. I almost got scammed. --- One-hour fee rate? How panicked must these manipulators be, haha. --- Wait, do you mean they got caught in their own trap too? --- Looks like I should wait a bit longer. Something's off. --- Really? I saw those coins a couple of days ago, thought they were about to take off. --- So, negative fee rates are the real danger signals. --- No, no, I think this might actually be a sign to buy the dip. --- Inverted fee rates are really the worst. Retail investors are most likely to get caught holding the bag at this time. --- No wonder I lost money last time I entered. Turns out there are so many tricks. --- When old coins surge, be cautious. I've been burned by this tactic before.

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StealthDeployer

· 01-09 21:25

When the rate inversion occurs, it's time to run. The fact that the market maker is locked up actually presents an opportunity for retail investors. --- Same old story, I'm tired of coins with negative fee rate increases. It's time to face reality. --- 1-hour fee? That's really harsh, indicating that the top players are truly struggling to support the market. --- This is the real art of cutting leeks. What looks like a sharp surge actually involves risk. --- The question is, how do retail investors know the entry points? It all seems to be the rhythm set by the big players. --- Rate inversion is the key signal. This thing is more reliable than candlestick charts. --- So don't touch the rebounds of these old coins; they're all traps. --- It's truly funny that the market maker is locked into a black hole. Serves them right. --- Playing with fee cycles like this, sooner or later the community will explode.

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