NAV's been in free fall lately. We're talking dangerously close to breaching net asset value—maybe two bad trading days away from crossing that line. The funding situation? Completely dried up. Here's the kicker: if they actually start dumping Bitcoin like they've warned, who's gonna step up as the buyer? Market's already shaky, and forced selling into this environment could get messy fast. Worth watching how this liquidity crisis plays out.
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NonFungibleDegen
· 3h ago
ngl ser this is looking pretty ngmi rn... forced BTC selling into this market? that's literally asking for a bloodbath lmao. who even catches that knife 💀
Reply0
HackerWhoCares
· 12-02 01:04
Once selling pressure comes, the market is doomed. Who dares to catch a falling knife?
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CoffeeOnChain
· 12-02 01:01
The NAV has fallen like this, it's really incredible, it feels like it's about to break even at any moment.
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CoffeeNFTrader
· 12-02 01:00
ngl this time we really have to see who dares to catch a falling knife, if btc gets dumped I guess no one would be foolish enough to catch it.
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FlyingLeek
· 12-02 00:59
Wait a minute, who will take this plate? No one dares to buy the BTC that has been dumped...
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DefiPlaybook
· 12-02 00:52
According to on-chain data, the decline in this NAV has already reached the risk threshold... It is worth noting that once the funds are completely exhausted, the forced selling of BTC could lead to a chain reaction that may be far more severe than anticipated.
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SoliditySurvivor
· 12-02 00:40
Ngl, we have to see who dares to catch a falling knife now. Dumping in this environment is truly a suicidal move.
NAV's been in free fall lately. We're talking dangerously close to breaching net asset value—maybe two bad trading days away from crossing that line. The funding situation? Completely dried up. Here's the kicker: if they actually start dumping Bitcoin like they've warned, who's gonna step up as the buyer? Market's already shaky, and forced selling into this environment could get messy fast. Worth watching how this liquidity crisis plays out.