WETH Trades Are Rising: Why and How?by@bankless
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WETH Trades Are Rising: Why and How?

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The Bitcoin Fear & Greed Index, which tracks sentiments around large crypto communities, reached Extreme Fear today. Since the FTX collapse WETH trades on OpenSea have surged to new heights. The majority of NFT trading occurs in the majority of OpenSea, the largest NFT marketplace, where trades in WETH have surged. What WETH offers lack in price, though, they make up for in immediate actionability. That is to say, listing your NFT at a “Buy Now” price isn’t guaranteed to sell, but an outstanding WETH bid can be immediately accepted.

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@bankless

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by Bankless - Metaversal @bankless.It’s time to break up with your bank and join the movement for sovereign finance.
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