The PI mentioned earlier needs to use borrowing whales to pump the price for us.
These borrowing whales are clever and know how to deceive investors. Data shows that since the post yesterday, the borrowing whales have been pushing the price down and buying back, with more retail investors selling to the borrowing whales for repurchase, allowing the whales to buy back two million coins.
Moreover, even leveraged buying has increased.
If investors do not establish a consensus group to counter the whales early on to utilize the whales to help us pump the price, not only will it be difficult for the PI price to improve, but we will also continuously see the price decline.
Some people believe that they just need to lie flat and wait for the project team to develop, and the price will naturally follow.
That's true, every time the project team successfully develops a topic, the borrowing whales lend out more than all the buying power in the market to suppress it, turning all perceived opportunities into a downward trend.
So, can you be sure that after the mainnet goes live, the whales won't lend out enough coins to suppress the buying power generated by the topic?
#PI
Are you all feeling very annoyed by the borrowing whales of pi?
Let me report something to all investors!
Historically, these borrowing whales have only borrowed on specific exchanges. Moreover, historically, the whales have borrowed up to a maximum of 11 million pi from the exchange.
Now we can see that the borrowing data has reached 9.8 million today. Based on the historical maximum funding amount, there are at most 2 million pi left to borrow.
Looking back, the last time 11 million pi was borrowed was on August 1, which caused a rapid drop to nearly 0.7.
At that time, there might have been a lack of funds and an urgent need to repurchase pi, which then surged to 0.46. 0.46 not only exceeded the whales' repurchase cost, but the whales also lost nearly 50% due to suppressing the price difference.
Now, please pay attention, the borrowing whales have already borrowed up to 9.8 million pi. According to history, they have at most 3 million in funds left, and even with 3 million, they can only suppress the liquidity price difference by 0.02 at most.
Moreover, the total amount on that exchange is only 30 million pi, and not all of it is available for borrowing, which means that borrowing has already reached the limit.
Therefore, now is the time to fight against the whales. As long as investors intentionally raise the price, there is no need to buy more; just keep intentionally raising the price, and when the borrowing whales get scared, they will quickly repurchase 5 million pi to help investors push the price up, just like last time.
What do you all think about the current situation? I urgently need to hear the opinions of all the big players!
@CuongHo1811 When I mention that borrowing whales are about to appear, or that the sell-off is by whales, we should pay attention to how much crypto the whales have borrowed and assess whether they still have funds to borrow more.
Our opportunity lies in using the whales to help us pump the market.
However, whales are also very smart; they will suppress prices with one hand while repurchasing at lower prices with double the quantity with the other hand, creating a downward trend.
No strategy should be discussed publicly.
@EvrenKartal10 If you don't understand the facts, then this kind of content is no different from other KOLs mindlessly buying.
Those KOLs have been buying for half a year, where did the funds come from?
This will only lead to whales knowing more clearly that they can suppress the price.
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