Net Unrealized Profits & Losses
I can give you some real big crosses
If you ain't careful, you might get bossed
By some unrealized losses!
MVRV (Market Value to Realized Value)
BTC's market value is high and fast,
But its realized value is not so vast.
It may seem like it's all the same,
But there's a big difference that we must explain.
Can you explain BTC's long & short liquidations with a rap in the style of Tupac?
Openai: Hold my beer
Openai made a mistake. It should be "Long liquidations means you've gone too low"
Can you explain BTC funding rates with a rap in the style of Eminem?
OpenAI: Hold my Beer
Can you explain BTC Binary Coin Days Destroyed (CDD) with a rap in the style of Eminem?
OpenAI: Hold my Beer
OpenAi made a mistake: "The Binary Coin Days Destroyed will be on the rise" should be "the CDD goes lower."
Chat GPT is a fantastic learning resource and better than google. It can help you learn new concepts.
It doesn't always get everything correct, so don't take the output at face value and double-check.
Last but not least, let me show you how powerful chatgpt is:
Can you write a pinescript script that draws a line when there is a bullish or bearish divergence on the RSI indicator?
Pinescript is tradingview's scripting language.
Output:
Unfortunately, the code still needs tweaking to use it on tradingview.
But still. The time-saving aspect is incredible.
Send me suggestions for other songs/raps to generate.
Debank - Look through the top wallets and see what chains most of the funds are on and which protocols these wallets use. You might find wallets that are early to trends. debank.com/ranking
Hot contracts - This free tool allows you to find the hottest contracts on 7 different EVM chains.
- Buy spot and long puts as its long volatility
- Buy spot short futures
- Remove lp and sell alts for eth to max ethpow.
- LP on ethpow 100% impermanent loss.
- Nfts might still have value on ethpow not 0
- Ethpow cryptopunnks original nft?
- Uniswap 1 might have value someone can buy uni and flip protocolfee switch on with governance vote
- move eth from l2 to layer 1
- remove nft sell orders before the merge
- lend eth on aave and borrow eth to get more ethpow (risky)