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I just bought a small $COIN vs $MSTR trade into Coinbase EPS. Binance DOJ investigation is probably source of incremental inflows. App has been glued to #1 finance app in US, top 5 in US for weeks. Big sell off for known reason (ARK unwind). Also @nope_its_lily said it'll beat
I don't know that earnings will reverse the selling pressure. They may beat but ppl still have a hard time predicting future volumes, and idk if the Elon BTC hate has finished its work yet. If it goes down much more from here I'll start to get interested.
that's why I'm short mSTR on the other side. they're full tilt long BTC which is now the funding trade in the ESG meme
wdym by funding trade, can you explain?
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