Seller payouts are now automatic. When your credit sells, the USDG goes straight to your wallet. Nothing to claim, nothing to wait on.
First full settlement went out today. And every order still on the book keeps earning points while it sits there.
Sellers are tiring but buyers are absent. However, leverage traders have already pulled the trigger on a recovery the data does not yet support.
The market is coiled tightly between converging cost-basis levels on the quietest tape since 2019.
Sellers are getting exhausted, but have not reached levels we saw in past bitcoin:native bear markets.
According to the Seller Exhaustion Constant (30d), the historical bottoming signature has not confirmed yet.
We continue to monitor for selling to stall further.