An Exciting New Chapter For Investors

Chris Kuiper, VC of Research at Fidelity’s digital asset division, has highlighted key data suggesting that long-term Bitcoin holders are selling.

PANews reported on November 13th that, according to DeFi researcher Ignas, Aave is voting to set the LTV of tokens such as $CRV, $UNI, $ZK, $BAL, $LDO, 1INCH, $METIS, and $CAKE to 0 and remove lending services due to a 15%–50% jump in a single oracle update during the crash on October 10th (early morning of October 11th Beijing time) and the risk of bad debt caused by delayed price feeds. Ignas pointed out that there was a price difference of about 58% between Chainlink price feeds and DEX prices, resulting in ~$200K of funds being arbitrageurized; the total staking income of these assets in the past three months was about $14K, and the borrowing income was low (e.g., CRV annualized ~$80K). He himself, as a delegator, has voted in favor.

QNT is today's top gainer from the largest 100 alts.