@KarpatZoloto Yesterday night was rough with Kucoin/Bybit 80% spread
The whole chat was up until like 7am π
Almost got liquidated on BB, thankfully closed the positions the next day with a micro loss
@KarpatZoloto@mikhailtoh it's a risky joy tho
could easily get liquidated if they decide to keep pumpingπ or the exchange can close your position by ADL if it's gate ot mexc or bybit
@0xkvro Expand please on the exact trigger to open the position. You wrote "three out of four agree...etc"
I'm sure I'm not the only one who didn't get itπ
As it turned out, the spread kept going back and forth in the range of 2%-5%
as a result we were able to profit multiple times in just one case of proper market analysis and spotting price correlation patterns ;)
OIL money glitch on April 7
Trump verbal escalation > tensions rise > volatility surges like crazy
While everyone and their uncle tried to time the market and open the BIG SHORT on oil (without any price levels in mind btw)...
WE GRAB EASY 3-4% of $OIL & $BRENT spread anomaly
Historically $BRENT was 1-2% more expensive than $WTI
In the past week the tables turned and now the $WTI had a 6% premium over $BRENT
Right after Trump announced he's agreed to the 2 week seize-fire and the 10 point plan was published by the Iraninan government - it became obvious that no one is nuking Iran and the conflict will finally be resolved.
No matter whether this prediction is true in the long term - the market reaction was logical. While everyone was trying to time the market and open their short positions (without having any specific price levels in mind btw) WE HAVE SIMPLY OPENED A DELTA NEUTRAL POSITION at roughly 5% spread and waited until the demand & prop mechanism did its thing.
@KarpatZoloto Roger thatπ«‘
Gotta wait for that $BERA and $LAYER unlocks
Those two look juicy, especially since they both are dead in terms of actual utility. The product metrics are at the ATLs
@DextersSolab Aren't you supposed to have some kind of unique API to get access to that raw weather forecast data from the satellites?
just asking for a friendπ€
smart move
but take 1 - smart guys have already hedged their positions on January 14th-15th
take 2 - it's strange to me that the stats differ between Kaito's official dashboard and the popular dune version
24M $KAITO staked to 10.5M
take 3 - around 2m$ worth of $KAITO is to be unstaked today, while some part of it is already hedged and the current MC is at 100M$ the sell pressure might not be strong enough for the #BIGSHORT to play out... not to mention the possibility of market manipulation
I think shorting $kaito by 3:40-3:44 pm utc today with 75 or 50x+ leverage might be worth it
@nikitabier made the api announcement last week and that same day, $skaito worth $2m started a cool down process and will be unstaked today.
From my observation onchain the contract uses a timestamp before you can unstake skaito, what this means is that the millions of dollars worth of $kaito is going to be sold around 4-5pm utc because alot of folks unstaked at this time so I think this is a good short opportunity.. nfa tho
@DeRonin_ I doubt the revenue numbers here. DefiLlama messed up the TVL data by not taking into account two biggest protocols on zksync.
I'm inclined to think that the revenue data was also compromised somehow.