There is no $WYFI short squeeze. Sell your $RABBIT bags
$RABBIT is an onchain RWA tied to
$WYFI, which means MMs can continuously arb the spread between the token and the underlying equity
The onchain demand pushes RABBIT above fair value and the MM can sell the premium while hedging/balancing exposure in WYFI
So all this “squeeze” volume is potentially just creating an extremely profitable cross market arbitrage loop
The cabal running it likely understands that perfectly as you can caiputlize a lot more gains...
Drive onchain volume, hedge against
$WYFI, capture the spread + fees is a lot more profitable than bundle
You’re not trapping no MM hahahaha and there is no short squeeze. You’re giving them their dream
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