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SBF
@SBF_FTX
One possibility: SXP crashed and premium crashed; BTC did the opposite. Did Binance Futures traders move their SXP longs to BTC?
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Contagion Means Survive 🫡
@cmsholdings
So today was wild but was perhaps most wild was the amount of dispersion one the market. LINK/ATOM/XTZ/SXP/LEND/DEFI all not only lagging but outright going the other direction which happens when BTC smashes but why couple reasons.
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Contagion Means Survive 🫡
@cmsholdings
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@SBF_FTX
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@SBF_Alameda
To give a serious answer there’s no chance those two aren’t directly intertwined it seemed to me that people didn’t really care about BTC and their alts untill slightly after us equity open and BTC made a run for it gbtc and ethe premiums blew out too, then people were like Shit
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