According to @ai_9684xtpa, Binance Smart Money account Hanmancheol shorted $COAI on Binance futures for about three days, paid an estimated 774,000 dollars in hourly funding, opened around 10.79 dollars, and was liquidated near 18.97 dollars, booking a realized loss of 604,000 dollars and a total single-coin loss of 1.378 million dollars (source: @ai_9684xtpa; Binance Smart Money profile on Binance). The same source notes the trader had six straight futures wins in the prior month, yet this one liquidation wiped out those gains, highlighting how positive funding and concentrated order books can create squeeze risk in altcoins like COAI (source: @ai_9684xtpa; Binance Smart Money profile on Binance). For trading, this case underscores the need to track funding rate direction and cumulative funding paid, and to size shorts cautiously in high-funding, low-liquidity tokens where liquidation thresholds can be reached quickly during squeezes (source: @ai_9684xtpa; Binance Smart Money profile on Binance).

According to @CryptoKing4Ever, $COAI is alleged to have a fake AI product narrative and fake decentralization, with 96% of the token supply controlled by just 10 wallets, indicating extreme holder concentration that the author warns is harmful to retail participants, source: @CryptoKing4Ever on X. According to @CryptoKing4Ever, centralized exchanges listed the token despite these alleged red flags, enabling distribution that resulted in retail getting dumped on while insiders walked away profitable, source: @CryptoKing4Ever on X. According to @CryptoKing4Ever, the author calls for the market to stop rewarding such projects, serving as a cautionary signal for traders evaluating $COAI and AI-narrative tokens, source: @CryptoKing4Ever on X.