Crypto Mumbles – Telegram
Crypto Mumbles
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things I mumble to myself about crypto

basically my transparent crypto diary

education, analysis, and trades 🙂

Twitter: https://twitter.com/dpycm
Medium: https://medium.com/@dpycm
Lifemax (non-crypto): t.me/humblespace
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big flush on open interest BTC/USDT

approximately 50% drop in OI

big players have probably closed positions and switched to spot (?)

https://coinalyze.net/snapshot/4Xh7gS1a
Crypto Mumbles
roll-ups are oversold? https://twitter.com/AntonioMJuliano/status/1539721366592790533
this insight was provided by a chad colleague on why the shift by dydx -

it is likely that the main concern is how rollups currently have very centralised sequencers

if you decentralise that, the block time might slow down to 3 seconds which is equivalent to Tendermint's block time but you get sovereignty + rely on your own validator set vs the sequencers which you have no control of that might screw you over should malicious actors attack