/biz/ - Business & Finance

>Just curious where this goes during a slower market.

>>52340144
Literally an anti bankrun mechanism as i predicted.

ETH liquidity is going down fast at exchanges.

>>52340144
>institutional token
try making a thread about a real crypto next time

>>52340181
this represents the lowest activity time I have seen on smart contracts for the past 3 years.
And interestingly uaws are rising again

>>52340227
if you want to buy drugs and cp, use monero

yeah slower today
But still deflationary

slower but deflation rate still keeps pumping 30x in a day

I planning my eth entry around the shangai update fud in 11 months
In 11 months validators can unstake, so right now eth has alot of things in their favour, but since we are in the bear market I still dont like this entry, and more knowing several longs and loans get liquidated at 400

>>52343617
the sat entry matters. fiat, who cares that shit is thrown around sooner than later again by the boat load

After what i saw with the SOL (bankrun when they saw the tokens unlock date) i see the exact same with ETH when withdraws are active.

So until its not active its a great opportunity to buy (we are basically against the stakers, and they are completely fucked with the mechanism).

When the withdraw is active expect a big fucking dump over the next months since it will happen exactly as any other staked coin that has a time period lock for the withdraw.

Eth is doomed, but not for now.

>>52343922
if you say so. then when the bankrun happens the burn will be glorious

yeah looks like its over. inflation soon again

Market close
740 eth burned in 2 days while 1800 btc were minted

it would stil be inflationary except for the panic and some janky ass protocol called xen crypto. literally retarded concept that will probably hit a billion dollars