It's basically a story where a whale coin is artificially forced into a short squeeze narrative.
You can see someone who never trades mainstream coins like Bitcoin, Ethereum, or other altcoins suddenly post a screenshot of a massive short order on a whale coin, with a liquidation price surprisingly close—maybe only 20-30% away. He claims he only trades this coin and will fight the whales to the end, but in reality he is actually one of those whales; building a position requires both longs and shorts to push together, and during the rally the main players often maintain a 3‑long to 2‑short ratio, stepping on each other’s heels to ride the position upward.
The fun part is right here: the person flaunting the huge short is trying to create a dramatic short‑collapse story for the market, but in fact that short can never be liquidated. This narrative is meant to draw retail attention and pile on positions so they can be quickly liquidated soon.
Is it fun? Lately there have been many entertaining stories; we just saw a RAVE a short while ago, and another one is about to appear in the next couple of days.
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44.1K @RaAres $RAVE @ravedao has been listed on @coinbase spot markets 🔥
YTD mcap has been growing steadily 🔥
$RAVE goes live across:
• https://t.co/KwHb1a7Cux
• the Coinbase app
• Coinbase Advanced
• Coinbase Exchange
that means retail & institutional can jump right in 💪
$RAVE is deployed on @Base.
that ties the listing into coinbase's broader onchain ecosystem.
tokens native to this network benefit from:
• tighter ecosystem alignment
• easier wallet & bridge integration
• visibility inside coinbase-native flows
here's what ravedao has achieved so far (even before launching their token):
• 20+ global events
• 100k+ attendees
• 70,000+ NFT tickets minted
• 20+ global events across dubai, singapore, seoul, bangkok, brussels, miami, shanghai, amsterdam
• 70,000+ NFT tickets minted
• 100k+ attendees across 5 countries during 2024–2025
• 800M+ social impressions
• 150M+ reach from singapore + dubai alone
• 40+ DJs from top-tier festivals already involved
here's a full thread of rave's mission:
https://t.co/VycWJQLb8n
44.1K @RaAres Paid post.
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2.3K @MysticXBT Many claim it was premeditated, but there are truly many who don’t understand. Let me explain the truth:
First, Rave is a good project, both in terms of team background and the project itself.
Hiring KOLs for promotion obviously aims to bring buying pressure in the secondary market, which I think is understandable; spending money on marketing is a normal practice.
As for why yesterday’s candlestick looked like this, fundamentally it’s because after the KOLs shouted and the marketing was done, the team found that there was nobody following in the secondary market, and no buying pressure was brought in.
Anyone who knows a bit about market makers knows that when a pump has no followers, they will pull the price back with a spike, otherwise they would incur losses.
So the conclusion is: it wasn’t some “premeditation”, just that the team misjudged the current market’s sluggishness and chose to pump at this time. From the KOL’s perspective, they simply took advertising fees for a good project to promote it; how the market moves is a showdown between market makers and trailing buyers, and no one can predict the outcome before the promotion.
@dov_wo @EvaCmore
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