DAOFICATION
4.1K posts

DAOFICATION
@GVO33
Shared belief in the stories that are being told and their associated cultural relevance. Fix the money, fix the world...


The story behind my latest artwork release “In the Shadow of Cayesh”




🚨 BITCOIN: $191M IN BTC LIQUIDATIONS AS $14B OPTIONS EXPIRY HAMMERS LONGS Nearly $192 million in Bitcoin positions were liquidated in the past 24 hours, with longs accounting for 91.6% ($175.5M) of the damage. Over $115 million in long positions were wiped in a single hour after $14.16B in BTC options expired on Deribit at 08:00 UTC this morning. The max pain level sat at $75K, roughly $9K above where $BTC is currently trading. That gap triggered mechanical unwinding of positions, erasing $70B from the total crypto market in four hours. Over 14,400 traders were liquidated worldwide. Liquidation volume hit 1.57x the 7-day average, flagged as "extreme" by CoinGlass.




Print Giveaway! Sign up to my newsletter for a chance to win a limited edition 16 × 20 inch fine art print of In the Shadow of Cayesh. By joining my newsletter, you’ll also receive exclusive early access to future print releases before they become available to the public.




Volatility exposes leverage fast. Forced exits, liquidations, panic trades, while on-chain options behave differently. Define the price you accept, earn premium & high yield, and let the market come to you: app.hypersurface.io



Season 3 First XP Drop + The first XP drop of Season 3 will be moved up to Wednesday February 18th + The drop will reward Paradex user activity from February 1st 0 UTC - February 17th 0 UTC + Going forward Season 3 XP drops will occur each Wednesday, rewarding the prior week's activity Note: This update to XP distribution does not reflect any changes to the TGE timeline in @fiddybps1 prior annoucement.










