This is totally wrong unfortunately, there are 1.25 billion on Binance and 200million on Kucoin
Would the binance amount be higher for liquidity
Is this good or bad ?
amazingly good
week ago//
what i gathered is: binance has returned the vast amount of $rose from their MM quantity back to oasis network/foundation. leading to much higher scarcity on binance liquidity of $rose
even if it's going to the secondary market, switching of hands is always good, sets new higher lows. and a lot of it will be staked anyway.
what do you think?
That makes sense, but have they sent it back to Oasis? Or is it speculation as of yet? I just bought some Rose 🌹
Whatever the case is, less liquidity at cex is always good for price movement. And since we are pos, more out of cex probably means more staked
What does ”MM quantitiy” mean?
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