🐳 Where is the money flowing?
“Binance will list USDⓈ-margined perpetual contracts for four TradFi assets: ZCSH, MSTU, SNPS, and RDW.”
When the news came out, I asked three questions related to money:
1. Which way are the big orders leaning?
2. Has trading volume for $BNB (24h: $52.57 million) increased noticeably?
3. Have there been any unusual transfers into exchanges on-chain?
Only when all three point in the same direction can we say the market has validated the news with capital; otherwise, it’s probably just noise.
News often takes time to affect prices.
“Binance will list USDⓈ-margined perpetual contracts for four TradFi assets: ZCSH, MSTU, SNPS, and RDW.”
When the news came out, I asked three questions related to money:
1. Which way are the big orders leaning?
2. Has trading volume for $BNB (24h: $52.57 million) increased noticeably?
3. Have there been any unusual transfers into exchanges on-chain?
Only when all three point in the same direction can we say the market has validated the news with capital; otherwise, it’s probably just noise.
News often takes time to affect prices.