if you're going to stack corn just know that the Jane street hedge fund has a sell bot that hits around 10am est. Been happening for months on eth and BTC
You might get a slightly bigger stack closer to 10:30 then 9:30
https://i.nostr.build/j0RMsZqjVLwme1Yq.jpg
Good to know. Always stacking 🫡
Do they just have a ton of paper short positions, or are they just liquidating current spot holdings? This seems ripe for ending very poorly for them.
I would be lying if I said I knew how or why they do it 🤷 . I just know I've read about it and seen it happen enough that I moved my stacking to right after...
Agree that shorting the corn is stupid but this is what hedgies do
Fair. I didn’t know if ZH had done any deeper analysis.
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