Suspected Whale Address in the AIOT Pool Reopens a Small Position and Adjusts Liquidity Provider, Binance Futures Introduces Negative Funding Rate

BlockBeats News, May 4th, According to on-chain analyst ai_9684xtpa's monitoring, the suspected AIOT whale address once again made a small-scale position increase and adjusted the liquidity pool (LP). The address spent 11.27 BNB to repurchase 6734 AIOT (worth $6734) 14 hours ago, withdrew the previously injected liquidity, and raised the price range of single-sided limit sell orders.

- Ranges [1.1906, 1.2097] USD displayed 930,000 tokens of single-sided limit sell order;
- Ranges [1.2897, 1.3096] USD displayed 1,050,000 tokens of single-sided limit sell order;
- Ranges [1.3901, 1.4099] USD displayed 835,000 tokens of single-sided limit sell order.

That is, the initial price for single-sided liquidity sell-off has been raised to $1.1906, which is 3.2 times the current price. However, the Binance AIOT contract is currently experiencing its first-ever negative funding rate, and short leveraged positions are increasing. Users are reminded to be cautious of the risks.