i spent the last 48 hours buried in on-chain data expecting to be bored to death but i ended up staring at a structural anomaly that completely broke my thesis i was looking at $usx by @solsticefi and on paper it’s sitting at a $300m market cap which usually implies it’s just noise but when i overlayed the transaction volume i realized it’s actually trading blows with binance’s own stablecoin that shouldn't be mathematically possible for a protocol of this size unless the velocity of m...
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