gm - November 22nd, 2022

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Crypto markets go through some intra-day volatility as shenanigans on Curve and Aave spill over to ETH price movement. Without getting into too much detail, some loans are causing questions about Aave’s handling of assets on the protocol, as it seems one wallet operator is responsible for moving assets between CEXs. Protos has a great article detailing the situation. DCG isn’t out of the clear yet, with no news on the $1B fundraising to fill the gap left by Genesis Trading. Ethereum looks flat on a 24hr basis, trading at $1134. Bitcoin is flat as well at $16160.

NFT volumes are at $13M for the day, with ETH-NFTs posting $11M and Solana-NFTs at $1.5M. Hate to sound like a broken record, but Gods Unchained prints $500k to put ImmutableX on the map and the top 5 projects are the usual suspects. BAYC is at the top with $3M across 39 trades, followed by CryptoPunks, Sorare, Otherdeeds, and MAYC.

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