— Crypto — 1 min read
Stepping out of the crypto world for a couple of years, leaving 100% ETH since 2017, and coming back after all this time is incredible. DeFi, YFI, Compound, Chainlink... Guess it's not dumping all into IPO's as it used to.
I mean look at this:
~353k net profit using 'Sophisticated' arb on Fulcrum @bzxHQ— Julien Bouteloup (@bneiluj) February 15, 2020
1.he took $2.7M Flash loan.@dydxprotocol 10kETH
2.put 5.5k ETH @compoundfinance, borrowed 112 WBTC
3.short WBTC on bzx #sETHwBTC5x
4.dumped 112 wBTC on #KyberUniswap to trigger short(oasis?)
5.Paid back loan
6.profit https://t.co/NRHM7NnAGK pic.twitter.com/11YWpUZe0o
FOMO kicked in heavily. Don't let it choke you.
We're living the psychicic wars.