I should own this tweet @lensprotocol#digitalroots sig:0x1ca1d8fd0089331dbc06db1461b22124152cc1cf7ca0c37a15de5898323935fb484735bfa8c18d90684405456d6a9ac25bec5136288d5910399ba543b9a675481c https://t.co/yqYUe1i8xJ
@simpfluencerX @Crypto_McKenna@ConvexMonster@AviFelman@SplitCapital@AureliusBTC@SynapseProtocol fair point. that actually might have been a great trade though (bridging USDC -> harmony for 5.33 USDC). would need to check the backing of USDC on harmony now relative to USDC in Ethereum SC. The rate is settling at 1:1.17 so someone may have already done that math
Prime examples for short squeezes on Binance futures. Pairs with large OI increases and very negative funding rates over the last 30 days.
@CL207
https://t.co/pKdTG2AO8e
lol theres lot of alts that have x2'd their OI in like last 1-2 weeks that prolly randomly pump 50% from short squeezing
GMT just pumped like 25% in 1 minute
AVAX OI is like x3'd
etc
@0xHamz wrote a tweet thread recently on how he's valuing $LOOKS. I used his assumptions and @hildobby_'s methodology for identifying wash-trading to make a dune dashboard to value $LOOKS in real-time
https://t.co/TS7jTdRno8
Since the halvening in early May, there has been a big drop in trading volumes. This was expected, but I think the fall was probably bigger than most expected. Even with the large drop in $LOOKS price, it's still overvalued at a 10x P/E ratio. (I say this as a bag holder 😞)