Analyst: Suspected AIOT Whale Address Accumulates Small Positions Again and Adjusts LP, AIOT Contract Shows Negative Funding Rate for the First Time

ChainCatcher reports that according to on-chain analyst Ai Yi (@ai_9684xtpa), a suspected AIOT whale address has once again made small-scale purchases and adjusted LP.

14 hours ago, this address spent 11.27 BNB to buy 6,734 AIOT (6,734 USD) and withdrew the previously injected bilateral liquidity, raising the range of the single-sided limit sell orders.

- A single-sided limit sell order of 930,000 tokens was placed in the range of [1.1906, 1.2097] USD;
- A single-sided limit sell order of 1,050,000 tokens was placed in the range of [1.2897, 1.3096] USD;
- A single-sided limit sell order of 835,000 tokens was placed in the range of [1.3901, 1.4099] USD.

This means the starting price for single-sided liquidity sales has been raised to 1.1906 USD, which is 3.2 times the current price. However, a certain exchange's AIOT contract has shown a negative funding rate for the first time, with an increase in short leverage positions, reminding users to be aware of the risks.