SPX gamma blanket shed 38% Friday โ mild by recent standards. August saw 65-74% drawdowns, July ran 40-78%. This is a normal exhale.
Gamma dropped from +$893M to +$552M, SPX gave back 29 points. Vol put/call spiked to 1.66 on concentrated put buying at 7,600-7,675 โ right in the flip zone.
But $552M is still stronger than any August session in the last three weeks. And the flow underneath tells a different story: 7 of 10 volume strikes were calls, concentrated 7,715-7,760, with 7,750 absorbing...
JUST IN โก
Binance Square launches a crossโchain staking hub, delivering instant yields on multiple assets ๐
The hub links major DeFi protocols, delivering up to 12% APY. Early adopters receive bonus rewards for the first month. Lower gas fees are achieved through layerโ2 scaling ๐ฅ
Rollout starts today, cementing Binance Squareโs DeFi leadership ๐
$SOPH, $IOST, $SOPH
UPDATE: The purported white-hat hackers behind the Liquid Network incident have returned 3,400 BTC, or about 85% of the funds, to the Federation wallet following onchain negotiations with Blockstream.
The group appears to have retained roughly 598 BTC, worth about $47 million, as an apparent bounty.
The development marks a major recovery after around 4,000 BTC was initially withdrawn from Liquidโs federation wallet, forcing the Bitcoin sidechain to pause operations.
$NVDA's old H100 just exposed how strange the AI boom has become.
A three-year-old chip should be losing value. Instead, its reported rental price jumped 22% in one month to $3.28 per hour.
Run it all day, every day, and that's about $28.7K in gross revenue per year.
But no, it's not a "free GPU in 14 months."
That calculation assumes nearly 100% usage. Real owners still pay for electricity, cooling, networking, repairs, financing, downtime and platform fees. The clean math looks much better...