#IP On one side, there is a net outflow of IP, and the funding rate is negative, but the price keeps pumping. Firstly, the IPcoin manipulated by this group is a highly controlled coin, with a control ratio of over 90%. It claims that only 24.99% of it is in circulation and that 10% is airdropped to the community for development. However, the community only received 7,128,243 coins, which is 0.02852438 when divided by 249,900,000, far below 10% and the officially announced real circulation. I believe these external tokens will not disappear and are all in the hands of the project party. Additionally, according to an article posted by Chen Jian on Weibo, there does indeed exist a large ghost buy order that is always 0.02-0.03 lower than the market price, regardless of market changes. This buy order is always hanging there at a price lower than the market price, never getting filled, creating a strong signal for support from the lower buy orders and influencing some individuals' quantitative strategies. Therefore, I conclude that in the past few days, IP has already taken most of the meager chips available in the market. Therefore, in the spot market, it is very effective in controlling the market trend. At this time, it may have already controlled over 95% of the coins. It is simultaneously selling in the spot market while opening a large number of long positions in the futures market, ensuring that the spot price is higher than the futures price to maintain a negative funding rate and carry out multiple bear traps. Meanwhile, the futures market continues to eat into the orders of short players and the funding rate paid by bearish traders. Both sides are benefiting, and the IP country is still relatively ex