Terra Collapse Returns to the Spotlight
400 Views12 Dec 2022 18:27
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- Price Movements: BTC's correlation with BNB has dropped significantly since FTX's collapse, a sign that Binance's token is diverging from wider markets.
- Market Liquidity: Curve, the DEX optimized for stablecoin swaps, is still mostly used by whale traders.
- Derivatives: Tron futures skew bearish after the network's native stablecoin, USDD, depegged to $.97.
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