IvanLabrie

$DEFI is toast: nice short...

Short
FTX:DEFIPERP   DeFi Index Perpetual Futures
I think we are likely to see a massive move down in DeFi names, the contract issued by FTX is a nice way of riding the eventual move down, which can be magnified if we get some large protocol issue, or some unexpected black swan event causing a cascading decline of epic size as a gigantic levered bubble bursts. It is likely the best short in crypto, to profit from the bear market we are in.
Best of luck if going short.

Cheers,

Ivan Labrie.
Comment:

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