This is a good day to squeeze Bitcoin supply a bit me thinks. If you want to see wild things occur, it’s best to do it while the tradfi market is closed. 9avVfYKaWV56qnoRpe2xyDrBB3ANkHynG38VrZDhwTbE Currently at 4.83 sats per token and 2.38% control over all wbtc lp on solana.
@real_Wolff This should sum it up mostly
Getting questions about how $Satfi works, what the plan is, etc. I will do my best to explain it without being too confusing, please excuse my autism 👇🧵
@real_Wolff The key thing to observe is how thick the wbtc lp is on solana. 50 wbtc is not much. Tokens hit 100 mil mcap all the time, and that would likely exceed what is available in lp currently. That’s going to cause a stir.
@real_Wolff Much of the market is psychological. When people see a candle, it can sometimes be a prophecy of things to come. They see the invisible barrier get broken for just a moment, and now higher doesn’t seem so impossible.
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