$HFT is the primary cryptocurrency of Hashflow, a decentralized exchange supported by the RFQ pricing model. It offers several advantages, including the ability to interact with multiple blockchains, low transaction fees, high liquidity, and no price slippage.
GSR has transferred $6,000,000 worth of $HFT to Binance and sent $6,221,999 worth of $HFT to Wintermute approximately one day ago. I'm wondering if this is related to the recent 30% decrease in the price of $HFT.
This action suggests that Wintermute and GSR may be intentionally pushing the price down to acquire $HFT at a lower cost from retail investors.
On November 7th, there is a significant token unlock event for $HFT. If users continue to unload all the unlocked tokens, it could be detrimental to market makers.
Therefore, it seems like a relatively good time for me to accumulate some more $HFT. Everyone can consider and invest with a small amount of money. Show Less