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A significant decrease in volatility has been realized:
BTC’s 8-hour annualized RV from last night was 19.0%, far lower than the 40.5% over the past 24 hours. Similarly, ETH’s 8-hour RV (19.4%) also sharply narrowed versus the 24h RV (61.2%).
Based on this data, I’m very skeptical that dat is really doing dual-token or options grid trading right now..