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Just found some pretty insightful metrics on RH Chain.
Robinhood has an overwhelming number of retail traders losing money (over 62%).
However, a small group of whales and skilled traders is pulling the entire platform into positive territory.
Total realised PNL is only 1.8M -> most traders are playing a zero-sum game
-> money is simply being transferred from losers to winners, with only a few players generating real net alpha.
Top notable tokens: $CASHCAT, $TENDIES, $VEX, solana:9dP7ELBErRGatUTY1NDnM1UbvPCRfLZVkexH7YxSEYfm