Posteo

eople shorting the cashcat rh listing are misunderstanding the "sell the binance listing" trade of old "sell the binance listing" had two mechanisms: 1.) "who is left to buy" (anecdotal and weak) 2.) large holders finally able to exit via perps (flow-driven and strong) The main reason the binance listing was almost always a top was because large onchain spot holders could now exit (short highly liquid perps) or sell spot on a much more liquid exchange cashcat has had hyperliquid and bybit perps since the first run-up, so large holders have been able to sell if they want would expect a bunch of traders to take profit here and for there to be another sell-off short-term #SandiskBeatAndBuyback #CircleArcLaunch #EarningsRealityCheck