There's been a lot of misinformation regarding potential cascading effects from BNB liquidation on @VenusProtocol , which have "allegedly" prompted @binance to market dump #BTC to defend #BNB price.
This thread🧵is to explore the fundamental soundness of such allegations.
#FUD
🚨LATEST: OpenAI employees just cashed out $6.6 BILLION in stock sales, per WSJ.
More than 600 current and former staff sold shares in October.
Average haul: $11 Million per person.
Insiders are cashing out at a 30x markup from three years ago.
This at a company with 0 profits and an $852 billion valuation.
i know it is silly and doesn't mean anything, but this has made my day
the truth is, every team on here is incredible
people have no idea how difficult it is to create consistent high-quality research and/or media
the industry is also not big enough for competition (yet)