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I'm taking a long on this pair, betting that $SOL will outperform $ETH. Long SOL, short ETH in equal proportion with USD collateral on FTX. Will cut on a decisive breakdown. I'll be looking at more of these sorts of trades against ETH as well, I think it gets eaten.
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Feels to me like these will be some of the most obvious trades in hindsight. OF COURSE these fees are unsustainable for an influx of new people, OF COURSE faster chains with motivated backers will start taking marketshare and OF COURSE they'll out-perform. Just gotta time it
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