Skew Δ
Skew Δ|Sep 09, 2025 08:46
One of the few schemes that occurs annually in crypto MYX is the token of focus here & as of lately Traded pretty normally between 2 & 4 Where things get questionable is the targeted squeeze which sends the token 100% higher from 4 -> 8K Clearly in the aftermath of that move some liquidity provider or MM got massive carried out, especially with sizeable liquidations that occurred Commonly occurs when delta neutral strats fail & blow up Since then the token has consequently moved up 166% or 2.6x without resistance or competition meaning one party currently controls a large % of that token & market Notable metric from here is volumes, since high volumes are required to sustain huge moves like this without volumes thin liquidity & wide spreads becomes an issue for getting out especially when a large % of the token is controlled by one party Will be interesting to see what happens next(Skew Δ)
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