Theres been a lot dialogue about this on Twitter, however I havent discovered a concrete reply yet; I'm course referring to the costs on *edit: 1 inch DEX is back to full market worth* and Raydium DEX - https://raydium.io/ which is at present approx $1589/eth, a substantial market low cost.
Why? is it a mismatch of liquidity providers, i see that enormous quantities of eth have been deposited to these dex, while stablecoin tvl seems to have been dwindling.
*OR* is it just a harbinger of the truth that giant eth sellers are selling on smaller dexes and maintaining the worth artificially excessive on the massive exchanges?
Anyway, its in all probability not going to be here for lengthy, right? I picked up some low cost eth and will wait to see what the market does.
Rupert B
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