Recently, WCT, Anime, Mask and other spot + Binance futures or spot tokens have experienced multiple explosive pumps and dumps in their cycles, such as Loom, Hifi, YGG, ARPA, Lina, with basically 2 such instances each month. The market makers exploit the bear market's concentrated attention, where newcomers who haven't seen such manipulative moves are eager to short, entering short positions when the price rises significantly on the same day. Market makers use Korean won to pump the spot on Upbit and Bithumb to liquidate short sellers, then transfer to Binance, OKX, and Bybit to dump the market. I remember back then, they could easily extract over 100,000 from each instance (not daring to open larger positions to avoid targeted manipulation), with a simple strategy: identify the Upbit market maker's wallet, set an alert, and blindly short when large amounts are transferred to Binance or OKX, with a guaranteed 80%+ dump within 5 minutes. Now, market makers are more sophisticated, like with Anime, where they transferred funds 4 days ago and have executed 3 fake moves to dump the market in the recent three days. Still preferring the naive market makers.

Last year, I wrote a tutorial on how to short this kind of currency, but the strategy didn’t work, so I deleted it.

Those who want to short anime should be cautious. At this position, the dealer's long orders were not closed, but the oi increased. It is reasonable to suspect that the dealer opened more long orders at a low price by dumping the spot to make the retail investors who chase the short position as the counterparty.