Sorry, I must have misunderstood the significance of this particular squiggly line, as it came without any annotation. My comment was more about BitMEX price premium that was significantly more pronounced during recent PA.
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Replying to @J0E007
Lack of context on me. Just an observation that theres big boy sellers eating up market buys on Finex and Coinbase while remaining off the orderbook usually indicative of iceberg sellers aka whales aka yourself and your pod. Often reflected on Mex first, but here not the case.pic.twitter.com/y1XD5QjMPN
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Replying to @FloatingBaba
OK, gotcha. Interestingly, Binance situation is more similar to BitMEX than to Bfx/CB.
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Replying to @J0E007
Yup. Noticed that also but couldn't rationalize a hypothesis for that. Was all in part of a passing convo that Finex looked to be leading the market in some ways and obviously you being the most identifiable whale from Finex tagged you along with it.pic.twitter.com/JQqa3Qjk8W
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Replying to @J0E007 @FloatingBaba
Bitfinex is a husk of its former self. Though to be fair every spot exchange is. But they're hit particularly hard
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Eh? Bfx fees are actually among lowest in the industry. %-/
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Seems we are considered quite liquid. Just with 1 LEO fees get down 15%. With a bit more will get down 25%. Then you have the developer rebate: another 5%. Sounds to me a good deal. Liquidity vs Volume has to be proportional somehow. Don't get tricked by numbers
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