Looks like the "hashrate will drop weeks before the merge due to miners rushing to sell ahead of everyone else" thesis has been proven completely false.
I'm a bit surprised! I argued against a 50% drop but definitely expected like 5-10%.
@binance Every time someone deposits or withdraws LUNC from binance there will be a 1.2% burn tax applied. HOWEVER, they are not applying the tax to spot and margin trades which I think accounts for much bigger activity. This is how I read this. @cz_binance@binance is this correct?
$FLOW #FLOW#FLOWUSDT's
12Hour Logarithmic Chart shows prices returning with STRENGTH here and may have much to go as they remain FREE of a once resisting curve!
With prices free, the target for FLOW is at $7.8 and this may be part of an over 255% RUN to MEET it!