🍀 Gate.io Honor Credits Spring Lucky Draw Round 9️⃣ is Officially Live!
💎 Enter the Draw Now and Seize Your Springtime Luck! 👉 https://www.gate.io/activities/creditprize?now_period=9
To Join:
1️⃣ Open the App 'Home'-'Post', and Tap the Credits Icon Next to Your Profile to Enter the 'Credits Center'.
2️⃣ Complete Tasks like Post, Comment, and Like to Earn Honor Credits.
🎁 Every 300 Credits to Draw 1 Chance, Win a MacBook Air, INTER Water Bottle, Futures Voucher, Points, and More Amazing Prizes!
⏰ Ends on April 5th, 16:00 PM (UTC)
👉 Details: https://www.gate.io/announcements/article/44114
#
Zhu Su: Large Investors use the "sell Spot buy perpetual" strategy to induce market makers to catch a falling knife and then profit from the liquidation.
ChainCatcher news, Zhu Su stated that certain Large Investors holding a large amount of Crypto Assets in Spot are adopting a "sell Spot / buy perpetual Options" strategy to lure market makers into Reverse operations. Subsequently, these Large Investors deliberately let long positions in perpetual Options get liquidated, thus obtaining a more favorable exit method than directly dumping the Spot in the market. Meanwhile, crypto investor VIKTOR pointed out that the market value of many tokens may be artificially maintained at high levels. He cited the example of the ACT token, which plummeted from a market value of 200 million dollars to 100 million dollars in just a few minutes, and then continued to drop to 60 million dollars, evaporating about 70% of its market value within 24 hours. This event has once again raised concerns in the market about the manipulation of crypto assets prices and the authenticity of market capitalization, also serving as a wake-up call for investors to be aware of potential artificial interventions in the market.