$HYPE perp OI at $1.22B with spot doing $60M. 4.4x ratio while ETH runs 95.9x and BTC 83.6x. The chain with the most organic demand has the least speculative leverage attached. Buybacks at $1.24B cumulative absorbing supply. This is where capital rotates when the perp casino exhausts itself.
VALAIShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.