Last night $chip Grand Slam


Before going up, on-chain + contracts always had a 5%–10% price difference
I initially thought it was just the usual old script:
Sticks move bricks, spot gets pulled up, contracts get pressured
Around the 0.4 area, it ground for quite a while; everyone felt it was a bit expensive and nobody really wanted to chase
Then I went and scanned on-chain
It didn’t feel right—someone directly cross-chained and bought 1Mu
In the 0.57–0.59 range, it ate 35W U of spot, and there’s still 83wu in the account
So I discussed it with the group friends—considering data on all fronts, it still looked pretty good, and that’s why I entered
The market’s been doing alright recently; more looking and more discussion brings gains
CHIP30,95%
UP2,89%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin