DeFi Corner #001
Highlights
On-Chain Analysis - Follow The Whales
If you're new to Onchain Trading, you have the option to track your preferred wallet and observe their market trading strategies. The Synthetix Perps "Watcher" website serves as an excellent resource for traders on their journey. You can check it out here: watcher.synthetix.io/positions.
This month, the most significant positions held on Synthetix Perps have mainly been in BTC and ETH. In the last 30 days, In just the past week, BTC's value has surged by almost 20%. Currently, the funding rate for BTC stands at 106%. Remarkably, BTC has reached the $60,000 mark!
DEFI Corner
In this section we will briefly discuss DEFI Options and Perpetuals in the on-chain space.