Welcome to the “fundamentals matter” part of the market cycle.
High scale gets sold for high security.
All of a sudden, those Alt L1s don’t have growth priced anymore.
Things that prioritized security catching bids.
Time to reassess:
https://t.co/wm0HHperhq
Massive withdrawals from Anchor Protocol past hour, frequency increasing
There's only $300MM left of exit liquidity left on pool 53 before BTC peg
Hope this isn't how it starts -- on a low liquidity weekend
@hasufl@DegenSpartan Growth company investors are sophisticated professionals that want the company to be successful so they can make good returns in 3-10 years. Token investors want the price to go up in the next three weeks, they don’t give a shit about whether the project succeeds long term.
My Examples of Specific Knowledge
I've spent months in the @avalancheavax ecosystem.
I had enough knowledge and experience to share some gems and projects I found in that ecosystem.
I can't do that for some other ecosystems.
https://t.co/mw1e8a67Et