USD1 This wave of liquidity is indeed a bit strange, with a market value ranking only sixth, yet the 24-hour trading volume surprisingly escalates to third place.
On-chain observation shows that this turnover rate is absurdly high, basically relying on Binance to "force-feed" it. A 20% annualized return on investment directly attracts arbitrage dogs and professional market makers alike, and coupled with the push from mainstream trading pairs, it's no wonder the trading volume rises.
This "old money" strategy is very clear: first, throw in money to buy resources and pull liquidity, then forcibly push for positions. It resembles the method used by the Trump family to manage stablecoins. However, this prosperity built on subsidies may leave behind a mess once the incentives fade.
How long can this high turnover be sustained? Do people think it can challenge the status of the big brothers?
BNBUSDT
Perp
609.19
-1.11%