π€ #SNX Founder of Synthetix stated that price manipulation by a market maker can bring short-term liquidity but is not conducive to long-term development. Also accused DWF Labs of being a Pump&Dump scheme.
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kain (@kain) on X
Letβs have a little chat about market makers. π₯Άπ
π #SNX Santiment: between Sunday and Tuesday, the price of Synthetix surged 155%. This was followed by one of the most powerful FOMO spikes in the network's history:
- 2,725 active wallets in a single day;
- 975 new wallets created in a single day;
- 229 whale transfers of over $100,000 in a single day.
At the same time, the average age of SNX held during this period decreased by 24 days.
- 2,725 active wallets in a single day;
- 975 new wallets created in a single day;
- 229 whale transfers of over $100,000 in a single day.
At the same time, the average age of SNX held during this period decreased by 24 days.