AIOT Whale Activity Sparks Price Adjustments Amid First Negative Funding Rate

By: bitcoin ethereum news|2025/05/04 11:45:01
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On May 4th, COINOTAG News reported insights from on-chain researcher ai_9684xtpa , highlighting recent activities from a notable AIOT whale address. This entity has executed a strategic repositioning within the market, purchasing 6,734 AIOT for 11.27 BNB , equivalent to approximately $6,734 . Notably, the address has retracted previous liquidity contributions and adjusted pricing for its single-sided limit sell orders . The current sell orders are structured across various price ranges: 930,000 tokens are positioned between $1.1906 and $1.2097 ; 1,050,000 tokens from $1.2897 to $1.3096 ; and 835,000 tokens within the span of $1.3901 to $1.4099 . This adjustment raises the initial liquidity sell-off price to $1.1906 , marking a significant increase from the current market valuation. However, it’s crucial for investors to note that the Binance AIOT contract is witnessing its inaugural negative funding rate, signaling a growing trend in short leveraged positions . Traders are advised to exercise caution amid these volatile market conditions. Source: https://en.coinotag.com/breakingnews/aiot-whale-activity-sparks-price-adjustments-amid-first-negative-funding-rate/

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