2025-12-10 01:36:42

For the PIPPIN token, I really advise everyone not to rush into opening short positions. I’m a living example—a position of just over $100 got me trapped for a whole week.

What’s the worst part? The funding rate has been negative the entire time! That fee alone has eaten up more than $100 from me. Do the math—even if the token price actually drops to 0.007, I still wouldn’t make back the fees. Now the funding rate is about to break -2%.

Notice the pattern? The more people pile into shorts, the less the token wants to drop. It just stays flat, not moving, slowly harvesting funding fees. This has been the routine for over a week—the big players are obviously fishing.

Don’t become cannon fodder, seriously. In this kind of setup, going in is just handing your money over to others.

PIPPIN8.14%

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TokenomicsDetective

· 11m ago

This negative fee rate is incredible; the biggest killer for short positions is it.

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NotGonnaMakeIt

· 18h ago

I'm very familiar with the trick where negative funding rates eat up the fees—market makers rely on this to harvest the shorts. Looks like PIPPIN really isn't someone to mess with.

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GateUser-75ee51e7

· 18h ago

Oh no, this is a classic funding rate trap. Continuously taking negative funding rates really leads to heavy losses.

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TxFailed

· 18h ago

ngl this is literally the textbook definition of getting trapped in a liquidity vacuum. negative funding rates are basically the market saying "hey congrats, you're the fuel now" and PIPPIN was just... waiting. masterclass in patience, if patience meant bleeding out slowly.

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LiquidityWizard

· 18h ago

Oh my, negative funding rates are really a meat grinder. This coin is just slowly bleeding retail investors dry.

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tianfen0425æµµ

· 18h ago

Opened more than 10,000 in total, held for eight days, lost nearly 1200u in fees over eight days, damn it. Once I break even, I’ll never play with coins like this again. Stuck between a rock and a hard place.

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Degentleman

· 18h ago

Damn, negative funding rates are really like vampires, sucking all the profits dry. Stuck for a week and still have to pay fees? That's truly brutal. That's how the whales play it: once they've piled up all the shorts, they just sit still and slowly grind you down. This round with PIPPIN is really tricky. I advise everyone to stay rational.

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DAOdreamer

· 18h ago

Damn, a -2% fee rate? That’s just absurd. The market maker is really crushing it with this move.

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tianfen0425æµµ

· 18h ago

It's been eight days for me, and the fee rate has already reached 40%. I watched it go down and then back up again.

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