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49374896 No.49374896 [Reply] [Original]

Faggots since many of you shill monero this is what i found once opened datamish:

Percent longs and shorts
>79.94% Short
>20.06% long

Longs & USD interest rate
>0.044%
>1'351 xmr Longs

Shorts & XMR interest rate
>0.0%
>5'385 XMR short

0 interest to borrow the most shorted coin in the whole crypto industry. Can somebody explain to me how is it sustainable ? IMO this is not. Maybe you guys are right about the attack against monero... many won't be able to withdraw shit. This is just my opinion.
>Not financial advice
kek

>> No.49374951

>>49374896
Good find, all we have to do is buy on a dex or buy and withdraw all together.
Xmr had violent upwards movements this year

>> No.49375015

>>49374951
>buy on a dex
are you honorary member of "The Braindead Club" ?

>> No.49375030
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49375030

>>49375015
Uhm maybe, what the problem?
There are no tainted xmr

>> No.49375077

OP why don't you post this stuff in monero general instead of flooding the board with useless threads ? I will shill your post for free just for this time but learn how to post here.

>> No.49375170

>>49375077
Fuck off

>>49375030
you won't cause a shortage when buying on dex... CEX + withdraw might work but i wouldn't bet on that

>> No.49375225
File: 34 KB, 408x450, cc95c00804075c5c4464d7ee9025f43571ce152686352dda7ceebc2de51687b6.png [View same] [iqdb] [saucenao] [google]
49375225

QRD? ELI5?

I'm retarded.

>> No.49375227 [DELETED] 

>>49375170
But you do, cex can also buy on a dex to cover withdrawals.
Anyway i leave this group here
t. me/MoneroExchangeRun

>> No.49375242

>>49374951
>withdraw
You'd like that wouldn't you?

>> No.49375251

>>49375170
But you do, cex can also buy on a dex to cover withdrawals.
Anyway i leave this group here
t. me/MoneroExchangeRun

>> No.49375260

>>49375242
Thats why dex

>> No.49375359

>>49375225
>QRD
Exchanges are shorting all they can, then market sell the monero remaining in their reserves while increasing longs interest rates and giving shorters the opporunity to short for free (if you borrow one asset you should be paying), while exchanges like binance are increasing the monero stacking APY (here is where CEXs are borrowing XMR).
Celsius is doing the exact same thing with other erc20...
c'mon anons where are the spergs ?

Is this hard to understand ? if yes i'll try to explain better

>> No.49375493

mine xmr and dont sell to exchanges
we also need something like swan bitcoin for monero, automatic dca and withdraw

>> No.49376131
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49376131

>>49375359
>try to explain better

>> No.49376435

>>49376131
CEX Lower the interest rates on long
Retail longs
Price up
CEX scale in short position with perp (long interest still low)
CEX pump the interest rates for long
People rush to close long
Price down
Twap is selling with users funds
Price crab lower
CEX scale in spot long to rebalance Twap strategy reserves
CEX Lower the interest rates on long
>The cycle repeat

While this is how they are keeping monero down with minimal reserves allowing them to not being exposed.
Price pumps,
suspended withdrawals,
Twap selling,
price dumps,
CEX buy in lower,
allow withdrawals.