$BTC broke $15,000 today and the largest liq was around $6m contracts, on Mex bi-quarterlies of all places.
Surreal.
Show this thread
Derivatives stopped being in the drivers seat a while ago, but now it almost seems like they're not even sitting in the same car.
-
-
This Tweet is unavailable.
-
Calm down
your shitperp shorts are still good.
End of conversation
-
-
-
The call buying has been pretty aggressive for a long time tho. U could certainly argue those buyers are very incentivized to push spot price higher.
-
Yeah, my bad. I meant perpetuals. Options have definitely become extremely dominant (filthy vol sellers deserve what they get) And quarterlies/bi-quarterlies will always hold their significance for cash/carry trades.
- Show replies
New conversation -
-
-
There were only 6 days in
#bitcoin
lifetime that traded over todays value. -
Not true
- Show replies
New conversation -
-
-
The car is in china prison sir
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Come to think of it, it's a good sign in terms of "Satoshi vision", right? Shout-out for being one of the most interesting trading-focused accounts on ct btw
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.