Cryptocurrency

On page 12, you'll see that we've been sitting in the midst of a six to a nine month rolling grossdown ripe. People have had to sell longs and either press shorts anow to make money on the downside, or cover their shorts and get out of the market. And what you see there is that yo skew, or put skew, which is just looking like relative demandin a skew, relative demand of a put versus a call s a relative demand for downside versus upside. Conversely, you see calskew there, which as kind of righttail. All the fear was about missing upsight. We're like, downside began to bleed because you just didn't