2025/6/16 Daily Update
1. Today, the market still has 131,072 levels, with the alpha trading volume at 134,292.98, and a loss of 14.99U (balance before - balance after). Since wallet transactions have increased today, the overall loss rate data has become less meaningful, and from now on, they will be counted separately. Still, all competition currencies remain small amounts.
(1) Exchange alpha trading volume is 37,667.64, with a gain of -4.3U (making money), mainly due to today's increase in wallet volume. When the number of trades on the exchange decreases, one can make swings and reduce the selling speed;
(2) Wallet alpha trading volume is 96,625.34, with a loss of 19.28U, and gas fees of 2.63U (calculated based on BNB/USDT: 650);
I must say, brushing alpha in the wallet is indeed much easier than placing limit orders on the exchange, especially with stablecoin-like trends like the previous zjk, it’s almost mindless brushing. I mentioned yesterday, the easier and more comfortable it is to make money, the more crises are lurking, especially in the merciless capital market. Yesterday, when AB was brushing easily and making money, was there any painful squeeze today?
But in a fluctuating market, unless the exchange has high fees, I will still trade on the exchange. Firstly, I feel very insecure about the uncontrollable buying and selling prices in the wallet. Secondly, although it’s a bit tiring on the exchange, the loss in a fluctuating market is relatively smaller. Today, I was watching the K-line on my phone while brushing on my iPad.
2. Today's SQD submission deadline is tomorrow at 4 PM, ZRC ends. The two currencies have already been brushed to the limit in the early stages. Looking back now, we really underestimated everyone’s dedication to TAIKO and overestimated everyone’s strategic planning for multi-currency competitions.
Just in time to need to count wallet transactions, I made a major upgrade to my daily alpha statistics sheet, which apart from distinguishing between exchange and wallet, also adds the overall loss of a single currency.
I have supplemented the data from the previous days, with TAIKO's cumulative loss being 48.66U, SQD's cumulative loss being 28.37U, and ZRC's cumulative loss being 25.08U. Overall, these three currencies have not lost, and although the airdrop returns have further decreased, it is equivalent to getting it at zero cost.
3. Lastly, I remind everyone to pay attention to the adjustment announcements for the fees of several currencies. Although it is a good thing for me, the brushing in the wallet today... this... I endured it.
That's all, wish you well, and may your accounts prosper!
