TechFlow, May 4 — According to on-chain analyst Ai Aunt (@ai 9684xtpa), a suspected AIOT whale address has again made a small-scale purchase and adjusted its liquidity position. 14 hours ago, the address spent 11.27 BNB to buy another 6,734 AIOT tokens (worth $6,734) and removed previously deposited two-way liquidity, while increasing the price range of its single-sided limit sell orders.
- A single-sided limit sell order of 930,000 tokens placed in the range [$1.1906, $1.2097];
- A single-sided limit sell order of 1.05 million tokens placed in the range [$1.2897, $1.3096];
- A single-sided limit sell order of 835,000 tokens placed in the range [$1.3901, $1.4099].
The starting price for single-sided liquidity selling has been raised to $1.1906, which is 3.2 times the current market price. However, Binance's AIOT futures contract has just recorded negative funding rates for the first time, indicating a growing number of short-leveraged positions. Exercise caution regarding risks.
