Lately, I've seen everyone use ETF capital flows and U.S. stock market risk appetite to explain crypto price movements, like predicting the weather to forecast the line at the bubble tea shop downstairs… It’s somewhat related, but don’t take it too seriously.
By the way, I also want to remind AMM market makers: the curve determines your buy/sell path, not just throwing coins into the pool and then lying back.
When the price moves, the pool will automatically push you toward “selling at a loss/receiving a flying knife,” and sometimes the fees earned are just eaten up by impermanent loss, es
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