The Monerun

April 18th. We're withdrawing XMR from exchanges. Any exchange that hasn't disabled withdraws (which many of them have already), we're pulling our funds.

"What is, this WSB meets Monero?" you might ask. Yes indeed, and here's why:

Monero's obfuscated ledger has enabled a number of exchanges to misrepresent their reserves, and sell XMR that they don't actually have, knowing that all too many of us will never withdraw, and no one can see onchain the evidence of their misdeeds.

Well that all changes in 4 days. We're busy pulling liquidity off exchanges, to force the issue. Already a number of exchanges have frozen XMR withdraws.

Personally I've got a little side pot ready to go on the 18th. When the tide goes out, we'll see which exchanges serve their customers, and which exchanges abuse their customers.

Hope you join! Check out the xmrtrader and Monero sub's for more info.