I not reading it correctly?
HEX's price went up the fastest when its liquidity was the lowest. Bitcoin's price went up the fastest when its liquidity was lowest. Ethereum's price went up the fastest when its liquidity was the lowest.
Liquidity is around 20mill
HEX's price went up the fastest when its liquidity was the lowest. Bitcoin's price went up the fastest when its liquidity was lowest. Ethereum's price went up the fastest when its liquidity was the lowest.
Liquidity is around 20 mill
HEX's price went up the fastest when its liquidity was the lowest. Bitcoin's price went up the fastest when its liquidity was lowest. Ethereum's price went up the fastest when its liquidity was the lowest.
youre not reading it correctly
https://apphex.win/charts/ https://info.uniswap.org/#/pools/0x69d91b94f0aaf8e8a2586909fa77a5c2c89818d5
thats just in one pool
The reason HEX is decorrelated to BTC and ETH is that its liquidity is almost entirely USDC backed. You must be reading liquidity of another pair
HEX's price went up the fastest when its liquidity was the lowest. Bitcoin's price went up the fastest when its liquidity was lowest. Ethereum's price went up the fastest when its liquidity was the lowest.
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