Hello everyone, I am 08 who continues to output useful information, and it’s time to chat with you again.
Today’s main content is divided into three points:
1. Over 41.53 million RON will be unlocked this week, worth approximately US$45.35 million.
I took a look, and it doesn't have any impact on the board so far. But he probably hasn't reacted yet. The short-term selling pressure has increased, and friends who hold ron should pay attention to the risks.
2. Data: Approximately 1.37 million ETH have been unpledged since the Ethereum upgrade.
Since the completion of the Ethereum Shanghai upgrade, approximately 1.37 million ETH have been unpledged, approximately 940,000 ETH have been newly deposited for pledge, and net withdrawals have been approximately 430,000 ETH. In addition, nearly 860,000 ETH are currently pending withdrawal. Big guys with long-term cycles continue to buy to earn profits. On the whole, I always say it's okay. If we wait for the 940,000 coins to be withdrawn, the temporary selling pressure of the Shanghai upgrade event is almost over.
3. The floor price of BAYC (Boring Ape) returned to above 50 ETH.
The floor price of blue-chip NFT has rebounded to varying degrees. Among them, the floor price of BAYC has returned to above 50 ETH and is now quoted at 51.01 ETH. The floor price of MAYC is now quoted at 10.99 ETH, with a single-day increase of 3.0%. The floor price of the Doodles series rose to 2.33 ETH, a single-day increase of 5.22%.
It’s a cold winter for the NFT sector. The price of boring apes used to be 100+ ether, but now it’s cut in half. The NFT sector will never die. If you don’t understand NFT, don’t touch it. The water is deep. In 2008, I was picked up by fomo during the NFT bull market and took over a few NFTs. Now that I think about it, I’m really drunk. What I picked up is a lump💩💩💩
2. Market analysis
There is not much to analyze. The shock constitutes the range between 26700-28000. Those who want to operate can give it a try. The big level is still downward. Therefore, 08 students have always emphasized that high altitude is the main focus.
The two cakes continued to vibrate.
The copycat ARB made a warning in the square yesterday:
I know that many fans should hold a lot of ARB, and 08 was the first to blow the whistle on ARB in the square.
Three: Dry goods: Risk-free arbitrage strategy in the currency circle
Brick transfer: The same currency is transferred to different exchanges. The prices of different currencies on different exchanges are different, including the price difference between exchanges and decentralized exchanges. However, quantitative software needs to be transferred. When the currency circle was immature in 2017, the price difference between exchanges could reach 5%. It was really a paradise moment for brick-and-mortar movers. There is also a price difference now, but the threshold is relatively high, and it needs to be on-chain. The price difference with centralized exchanges is huge, and the threshold has become higher.
Futures and spot arbitrage: For some altcoins in the currency circle, under extreme market conditions, there is a price difference and funding rate between spot and perpetual contracts. You can understand the funding rate as the interest you need to pay when you sign a contract. If the Air Force has more funds, the Air Force will pay more interest. If there are many bulls, the bulls will pay short interest, and the funding rate is charged every 8 hours.
The operation method is (for example, the pie): when the short position is long, buy 10,000 pieces of pie on the spot, and sell 10,000 pieces of pie on the contract, ensuring that the amount of funds of both parties is the same. You can earn tariffs and price differences. This is a risk-free arbitrage, but the operation is difficult, and at the same time, you can prevent black swan events. The amount of funds required is relatively large.
Arbitrage between fiat currency and currency: This needs to be a U business. You will go to the market to buy the pie and sell it in fiat currency. There will be a price difference in the middle. Of course, the operation in the middle will be more complicated, but it can be regarded as risk-free arbitrage. Way. The same disadvantage: the amount of capital required.
The above articles are personal opinions and do not constitute investment advice. Everyone should be responsible for their own funds.
Thank you all for listening to 08 again.
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Thank you all again, I am 08 who continues to output useful information.
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