SPREAD SCORECARD: LONG $ETHFI / SHORT $WLD
Net Spread: +$222.32 Combined Gain
• Long Leg: $ETHFI (Long)
Driver: Post-cliff scarcity (96.54% circulating float) with 5.60B USD TVL, newly launched 21Shares physically backed MiCA ETP on Euronext Paris/Amsterdam, and weekly programmatic sETHFI buybacks
• Short Leg: WLD (Short)
Drag: Relentless 2.90M WLD/day (48.58M USD / 87.0M WLD per 30 days) linear dilution, 37.17% float (6.28B tokens locked), microscopic protocol fees (733 USD/day), and international biometric bans
• Pair PnL: +$222.32
• Position Type: 1-to-1 Balanced Hedge
Verified Lead Portfolio on Binance Copy Trading (Fixed Ratio | Min $300):
https://www.binance.com/en/copy-trading/lead-details/4483279284065330433?timeRange=30D
#ETHFI #WLD #BinanceSquare
Net Spread: +$222.32 Combined Gain
• Long Leg: $ETHFI (Long)
Driver: Post-cliff scarcity (96.54% circulating float) with 5.60B USD TVL, newly launched 21Shares physically backed MiCA ETP on Euronext Paris/Amsterdam, and weekly programmatic sETHFI buybacks
• Short Leg: WLD (Short)
Drag: Relentless 2.90M WLD/day (48.58M USD / 87.0M WLD per 30 days) linear dilution, 37.17% float (6.28B tokens locked), microscopic protocol fees (733 USD/day), and international biometric bans
• Pair PnL: +$222.32
• Position Type: 1-to-1 Balanced Hedge
Verified Lead Portfolio on Binance Copy Trading (Fixed Ratio | Min $300):
https://www.binance.com/en/copy-trading/lead-details/4483279284065330433?timeRange=30D
#ETHFI #WLD #BinanceSquare