Crypto lending is built on leverage and the [highly unnatural!!!] 4 year running Contago state of the crypto futures markets. Traders leverage into current positions, then sell long dated (short) Stay. Away. What happens when price < spread!?
What the chain says
- Block
- 714 493
- Time
- 2021-11-21T15:43:41Z
- Signer
- 15RXKym68UPVidKz3StFPCLUmDnVapPTMv
- App
- twetch
- Type
- post
- Content type
- text/plain
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
15RXKym68UPVidKz3StFPCLUmDnVapPTMv Verified