Quant's leverage is quietly leaving the building.
Quick version:
The peak: $373.66 in September
Now: around $219 (Oct 13)
Open interest: from about $190M down toward $120M since Oct 2
Funding: record low of -0.27% on Oct 4
But $QNT just partnered with Dentsu Soken, which builds settlement systems for Japan's top banks.
The traders left. The banks didn't 👀
- by AltcoinBuzz
Quick version:
The peak: $373.66 in September
Now: around $219 (Oct 13)
Open interest: from about $190M down toward $120M since Oct 2
Funding: record low of -0.27% on Oct 4
But $QNT just partnered with Dentsu Soken, which builds settlement systems for Japan's top banks.
The traders left. The banks didn't 👀
- by AltcoinBuzz