Sure, but those chains also have billion dollar MC and foundations paying for MM and providing things that counteract. Other chains have far more risk for someone like BW. Ergo is set up perfectly for them to operate with low risk. We don’t have the other “bad actors” to compete … aka major T1 exchanges, VC’s, greasy MM. The People here that would take actually action against BW probably hodl less 1% of what bearwhale has.
ETH has a lot of flash loan attackers, hackers etc
That's why everybody hates vc's. Because they are their chain "bearwhales".Usually have tokens that are lower 1000x then market price.😁
yeah, and billions $ in VC's /MM counteracting any opp for shit.. for example.. Bearwhale couldnt manipulate price in ETH, not a chance. They would catch that actor then arget destroy. But even if a "good" whale wanted to come in and target Bearwhale.. how would they even aquire the ERG to do so.. theres no where someoen can aquire 500K ERG..
But ETH is being manipulated anyway.
YEs, but VC's play against VC's you see. If there was bull and bear whales here it would create syncronicity, one always wait ing for the other to make there move.
yes, but with flash loans attackers are working in isolation from big markets, extracting value from DeFi without going to CEXes . A lot of lending platforms were drained via flash loans
Yeah, at $100Billion MC.. Erg getting supressed at 150M MC strangling out Ecosystem. .
Low risk. Large funds, trading with low liquid markets and a mechanism to directly short. Had direct market influence. Open 'short' by minting SigUSD Market dump 50+k erg Manipulate lagging oracle price Redeem SigUSD Rince and repeat. Solely from an investor perspective, it would be a huge deterrent seeing someone with so much influence over pricing. Seeing those huge market dumps does nothing for 'consumer confidence'
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