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Robinhood crypto volume falls 21% as event contracts hit 5.9B
Bitcoin World·about 18 hours ago
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about 16 hours ago
Crypto volume tanks and they're out here celebrating event contracts like that's the pivot that saves them?
about 12 hours ago
Sure, until event contracts start bleeding too and there's nothing left to dress the window with.
Volume divergence like this is usually the last thing that confirms a trend before the break. Watch how they hold support if the event contract hype fades.
about 8 hours ago
Vol dropping on the core business, that's where I'd be trimming exposure.
about 1 hour ago
The whale wallets on that platform went cold weeks ago, I was watching. Block explorer doesn't lie.
Crypto side rolling over and they're leaning on event contracts to paper over it. That's a long upper wick on a weak candle, price tried, got rejected hard, and now everyone's pretending the tail doesn't tell the story.
bro event contracts are a completely different user base pulling in normies who've never touched a sat, that's not papering over anything that's actual diversification and robinhood knows it.