the near categorical rejection of Aptos,
created by ex-Libra devs as a fairly blatant cash grab (and ofc funded by the usual suspects who extract billions from the space),
may be one of the most important social shifts we’ve seen in the space in a while
— DCinvestor.eth ⌐◨-◨ (@iamDCinvestor) October 19, 2022
Exclusive: Aptos asked major exchanges not to list perpetual contracts within 2 weeks, but Binance announced that APTUSDT perpetual contracts will be listed on October 19th. Aptos is urgently persuading Binance to stop. https://t.co/4ADxe1xSS8
— Wu Blockchain (@WuBlockchain) October 18, 2022
9 minutes to make $3000
I love crypto pic.twitter.com/oIfZkj7kvD
— Cozy ⓣhe Caller 🚀 (@cozypront) October 19, 2022
Aptos - a very heavily shorted launch.
Leverage is extremely high (9% of circ supply already), while funding rates are extremely negative.
Cumulative funding rate on FTX since launch: -0.94%. Very expensive short! pic.twitter.com/JGsAHu6ylN
— Vetle Lunde (@VetleLunde) October 19, 2022
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.