Funding fee is so higher

A trader reportedly shorted $RIVER at $10, leading to an unrealized loss of $17,000. 📉 This scenario highlights the significant volatility inherent in cryptocurrency markets.
Following a recent minor correction in $RIVER's price, the individual is now reportedly predicting a further decline to $1. Such aggressive forecasts often emerge during periods of market fluctuation.
However, it's crucial for traders to prioritize risk management. A strong upward move, even a single green candle, could swiftly lead to the liquidation of short positions. Always trade responsibly. 🛡️