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#AUCTION# is Just Another Chart Like
#TRB# Apart from the name, there's not much difference.
Let me take you through the playbook ๐
โ Whales withdrew huge amounts of
#AUCTION# from exchanges (๐ฎ๐ฒ% ๐ผ๐ณ ๐๐ผ๐๐ฎ๐น ๐๐๐ฝ๐ฝ๐น๐)
โ Price started to go up due to supply crunch
โ Retail looked at the price pump and tried shorting it
โ Funding rate flipped negative and prices kept going up, resulting in a massive short squeeze
โ Whales made money both from price appreciation by going long and also from a negative funding rate.
โ After that, whales started depositing
#AUCTION# on exchanges (๐ญ๏ฟฝ