The average trade size on Curve Finance ranges from $500,000 to $1 million, while deals on other prominent DEXs like Uniswap V3, Uniswap V2, SushiSwap, and Balancer V1 average between $10,000 - $20,000. That’s nearly ten times larger than the average trade size of $2,000 - $4,000 seen on centralized exchanges (CEXs). Source link … [Read more...] about Whales Dominate DEXs as High Ethereum Fees Keep Retail Investors at Bay
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Data shows Bitcoin bears dominate Friday’s $2.5B BTC options expiry
Bitcoin (BTC) price dropped roughly 22% over the past 7 days, retesting the $31,700 area for the second time in June. The most pressing news for the negative performance has been China supposedly cracking down bank accounts of over-the-counter desks, according to some analysts:China cracking down on the bank accounts of #bitcoin OTC desks, this is getting serious!!!— Lark Davis … [Read more...] about Data shows Bitcoin bears dominate Friday’s $2.5B BTC options expiry
Ethereum faces largest ever options expiry as bears appear to dominate
Ether (ETH) faces its largest options expiry ever on June 25 as nearly $1.5 billion out of $3.3 billion notional open interest (OI) in ETH options will expire. June’s expiry has over 638,000 ETH options contracts in its purview, accounting for 45% of the total open interest in these options.Although it’s the largest options expiry in the history of the derivative product, the … [Read more...] about Ethereum faces largest ever options expiry as bears appear to dominate
Bitcoin bears dominate Friday’s $2.1B BTC options expiry with a $585M lead
A total of 53,400 Bitcoin (BTC) options are set to expiry on Friday. At first sight, bulls appear to lead as the $2.1-billion open interest call (buy) to put (sell) options ratio stands at 1.32, favoring the neutral-to-bullish derivatives.However, after Bitcoin dropped 33% in May, the right to acquire BTC at $46,000 and above is essentially worthless since there is less than 38 … [Read more...] about Bitcoin bears dominate Friday’s $2.1B BTC options expiry with a $585M lead