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Yield chasing on a sliding asset is not a strategy.
Waiting for a reclaim before i touch this
Fair but BGB is exchange token narrative and those rotations depend heavily on whether Bitget is still pulling users, if that story's fading, fast bounces don't always follow through like they used to.
bitget's been printing users all year ser, cope harder 💀
Classic sweep of the longs before they pump this thing back, BGB has a history of doing exactly this kind of shakeout before a run.
Maybe, but I've seen enough "shakeouts before the run" that never ran to want to see some confirmation before assuming this resolves upward.
bgb really said "be gone bucks" today 💀
why do i keep holding bgb i'm so ngmi
Lower from here. That's just my read.
Well, apparently I have no business calling short-term moves on exchange tokens.
Called it, BGB doing exactly what exchange tokens do when the team needs liquidity.
Anyone still getting decent APY on BGB pools or did yields compress when this started sliding?