Bonus Episode: 3 Big Questions You Should Be Asking About the Crypto Markets
Crypto Unstacked
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Cryptocurrency Market Makers Are Incentivizing People to Sell Volatility
A big part of this, i think, stems from a few main concepts, am ms and options vaults. And then also correlation to equities, the fed, leverage and a few other phenomeno are all kind of involved in what's happened here. A lot of passv investors and individual investors basically selling volatility in the form of deploying assets into automated market making products. Now the problematic scenario, or interesting scenario, that happens, is that creates a range bound behavior of crypto trading. So whenever one's selling volatility and you have a price movement up, it can create an exasperated move up. But in this case, we had a price movement down, and then that price movement
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