Bernstein Analyst: The Cryptocurrency Forecast Market is Making the U.S. Election Market More Efficient
Analysts from the brokerage firm Bernstein stated in a report to clients on Monday that despite cryptocurrency policy becoming an important issue in recent U.S. presidential elections, blockchain-based platforms like Polymarket are making the U.S. election market more efficient. Polymarket has simplified the complexity of the blockchain user experience, making it more similar to traditional tech products.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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In the past 24 hours, liquidations across the entire network reached $1.037 billion.
Data: 100 WBTC transferred out from Galaxy Digital, worth approximately $9.51 million
Data: 1.927 million ENA flowed into a certain exchange's Prime, worth approximately $5.51 million
Data: If ETH breaks through $3,353, the total short liquidation intensity on major CEXs will reach $1.11 billions.
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