Liquidity shortage in new coin trap hedging games: A new way for retail investors to earn from IPOs?Author: danny; Source: X, @agintender
With the issuance of the new generation of cryptocurrencies such as Monad, MMT, and MegaETH, many retail investors participating in the initial offerings face a common dilemma: how to secure substantial paper profits?
The general hedging strategy is to open an equivalent short position in the futures market after acquiring the spot asset, in order to lock in profits. However, this strategy often becomes a "trap" for retail investors with new cryptocurrencies. Due to poor liquidity in new coin contracts and a large amount of tokens waiting to be unlocked in the market, "insiders" can use high leverage, high funding rates, and precise market manipulation to force the liquidation of retail investors' short positions, causing their profits to drop to zero. For retail investors lacking bargaining power and OTC channels, this is almost an unsolvable game.
In the face of the dealer's attacks, retail investors must abandon the traditional 100% precise hedging and instead adopt a diversified, low-leverage defensive strategy.
金色财经_·2025-11-19 02:36