Last month we had days with around 0,2+% / 8 hours - mex MM is just super bullish lol
Holy fuck lol
Correct, this indicator is wrong.
The s/l ratio on bitmex is always 1:1.
The perpetual is p2p based thus 1 long contract always has a taker with 1 short contract.
Guys lets come to some conspiracy theories of mine.
Right now i have the strong feeling that this run is based on some iluminati whales front running each other, because i do not believe in the slightest that this is induced by retail fomo.
Evidence:
1. Google Trends is just around 20% of 2017:

2. No permanent news in TV, newspaper etc about buying Bitcoin
3. 400% pump without a single big correction (maybe the 8200 to 6600, but imo it was more of a flashcrash)
4. not one of my nocoiner friends are asking me
So is this finally the one pump to end all dumps because institutional money is flowing into the ecosystem?