2026-01-14 17:21:25

Recently, I've been watching the routines of several altcoins and it feels like they've become a production line. Starting from MYX, then COAI, PIPPIN, AIA, it's basically the same script all along.

The phenomenon is very obvious: these coins never get pulled in the spot market, they only play on derivatives. After a huge rally, those who are short get squeezed to liquidation, and they only lose on fees. But the days for longs aren't much better—constantly on edge, afraid that a sudden crash will knock them out. The most heartbreaking part is that every time the funding fee settlement time comes, the price starts to decline. Long positions are forced to close, the market makers take the stop-loss on longs and the liquidation on shorts—it's a business that eats both ends. How could they not keep playing this cycle over and over?

This routine is now everywhere. The risk in the altcoin market is indeed not to be underestimated, and derivatives trading requires extra caution.

MYX-6,11%

COAI1,13%

PIPPIN-0,26%

AIA-2,42%

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PriceOracleFairy

· 15h ago

ngl the funding rate pump-and-dump pattern on these alts is basically statistical arbitrage with a sociopath's touch... watched the same liquidation cascade hit MYX then COAI, price deviation *always* spikes right before settlement, can't be coincidence 🤔

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LidoStakeAddict

· 15h ago

It's all a scam, a slaughterhouse, a trick where the manipulators profit from both ends. The point where the funding fee is settled is way too rigid, obviously someone is manipulating it. That wave of MYX almost tempted me to follow, luckily I didn't act, looks like I dodged a bullet. Contracts are really something you need to be cautious about, or you'll just be giving money to the manipulators. This trick has been played out, who still dares to touch fake coin contracts now?

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FlashLoanLarry

· 15h ago

These project teams really treat retail investors as cash cows, using the same old tricks every time. The moment the market maker settles the funds, they dump the market. How can contract traders have good days? The ones from MYX to AIA, they just copy and paste from a template. I'm already tired of seeing it. In a game where they profit from both ends, they make more in a year than an average worker. Playing repeatedly is definitely fun. Contracts are truly a meat grinder. It's better to be honest and stick to spot trading. Don't play with them.

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