This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
1 Likes
Reward
1
1
Repost
Share
Comment
0/400
Wandering
· 12-09 00:55
There are too many people trading contracts, so the big players love to wick the price up and down to liquidate them! If no one traded contracts and everyone just bought spot, the big players would have to push the price higher to make money, and they wouldn't have anyone to trade against!
$FARTCOIN drops below 0.3, liquidating all long positions! If you're bullish, just buy spot. Both longs and shorts are getting wiped out.