Mando
$40b was liquidated in a single day in perps Stake - the biggest crypto casino by a mile - makes...
209 days agoMandorektmando
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The post highlights the significant volatility and risk in the crypto derivatives market, noting $40 billion in liquidations in a single day. It also points out the substantial revenue of Stake, a major crypto casino, at $4 billion annually. This suggests that while there are large speculative opportunities in crypto, the underlying infrastructure for high-risk trading and gambling is generating substantial, consistent revenue.

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By rektmando

@yeet @rektbrands @epikduckcoin https://t.co/FvpLCBikME #1 Newsletter in Crypto: https://t.co/7EJrnNhDKV