
Carnation (Krime Kandle Ark)
@0xcarnation
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There is no chart, i long you. Ecosystem @berachain. Prev: @0xpolygon.
Be Long or Be Wrong
Joined April 2019
BERA is still the most productive chain token out there if only you knew where to put it 𤫠Berachain.
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( o_o)
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Dolomite Market Performance During October 11 Volatility Event Yesterday marked one of the most dramatic and unprecedented 24-hour periods in the history of crypto markets. A cascade of exchange outages and liquidity thinning led to record liquidations and price dislocations
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Everyone is reflecting on their trading strategy now Most will conclude that they are not bad traders but just unlucky Lesson in there
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Whatās the point of a stop loss if itās just going to execute right as the price wicks to zerooooo
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During the great liquidation of yesterday, price of $BERA on Kodiak never wicked down. Deep dex liquidity (powered by POL) kept it with a low of $1.7, even as CEX prices wicked down to 0.85 (because market makers stopped quoting). Basically this means the dump (another 50%
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People make the naĆÆve mistake of thinking a stop loss is a guarantee. Far from it. It's a statement of intent. Still need sufficient liquidity and a functioning matching engine for a stop loss to fill. In times like these neither is a guarantee, and that's on the good exchanges.
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Look on the bright side at least youāre not broke AND has no seggs life
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One manās generational entry is another manās my entire bloodline is destined for poverty
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This is more entertaining than the FTX collapse somehow? @Lighter_xyz is literally lighting everyone's money on fire in real time LMAO "Please hedge your position elsewhere and ask for the difference in loss"
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The last few hours have been amazing to witness the resilience of the @beraborrow protocol. 60m of TVL safeguarded, all liquidations processed perfectly, with 0 Bad Debt - Shoutout to liquid stability pool depositors. NECT remained at Peg. We also were running live tests
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There are many of you guys opening up longs in size to play the bounce Some of the best traders I know are literally not touching perps here There is no weekend etf bid and books are thin Bid spot if you were going to buy Aave and cex liquidation wicks will partially be
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No centralized exchange free from counterparty risk and itās never worth risking it during times like these
@ShinKiro14 Itās all hearsay at this point, but wouldnāt be a bad idea to reduce exposure to any counterparty risk
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(Yes, weāre all standing on the ledge with you)
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For the first time in a long time Youāre finally not alone on a Friday night anymore
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Word on the street is a popular CEX just got bodied on the dump now, why would a fully collateralized exchange be taking huge losses unlessā¦āš¤
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