@bidaskspread
b2fd604758aea8bfdb4141c845b5370c55c16b1d01f331f7b54c517f4c5404d0

TWAP seller increasing his size by about 70%…. Now selling approximately 1.2 DESO every minute. It’s hitting the book on the 40 second mark of every minute on Coinbase. This is approximately 1728 DESO sold every day which is the equivalent of a 6% inflation or “emissions” for DESO.

Most of this finds its way into the hands of the market maker/s on Coinbase who then sell it back into the market.

The nonstop TWAP seller on Coinbase for what seems like a year and a half or more is like repetitive paper cuts to the market, or Chinese water torture. It won’t do fatal damage but it is incredibly irritating and exhausting.

DESO holders have been put through the wringer.

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