Whale on LasseCash sold - opportunity?

An unnamed whale seem to have thrown the towel in the ring. On a positive note LasseCash got cheaper for investors that want a big stake, but for how long?

Also if you look at the liquidity this whale exit is a positive that will stabilize price as there is less risk of a big dump from here.

Look at this:

Now the top 17 has more than 1% of the liquidity per account, before the whale dump it was top 12, so the liquidity is more spread out now, at the expense of a lower price.

I might big up a million in the comming months if noone else does

I wanted to buy up a million LasseCash for a while and I might do it in the coming months if noone else does it. I want to use that million to boost the liquidity provider rewards, effectively double them IF IT HAPPENS, all potential. My buy would not bring the price back to where we was but some of the way there. But this whale exit is stabalizing the whole LasseCash system. In a way I would like to see more sell, so I can buy the million even cheaper, but either way I am good!

The pool pays around 47% APY which is very good, but the price took a big hit. Lets see where we are in a few months. Atleast LasseCash market is extremely earnest as its only the community that provide liquidity.

You heard it here first.

Lasse

Posted using LasseCash