Interesting pattern emerging with IRYS trading activity—the action's heavily concentrated during US and EU market hours. That's actually atypical for most tokens. You'd think institutional quants operating in Asia-Pacific prime time would be pushing more volume during their window, but the data suggests otherwise. Either the liquidity pools aren't deep enough to attract serious interest during those sessions, or the real money's simply sleeping on this one when the Asian markets are live.
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Layer2Arbitrageur
· 5h ago
ngl the liquidity distribution here screams delta neutral unwinding... actually if you look at the basis points spread between US close and APAC open, there's probably 40-60bps of arb slippage sitting on the table. nobody's capitalizing on it tho lmao
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CexIsBad
· 6h ago
No one is playing IRYS during Asian hours; the liquidity is just too terrible.
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MintMaster
· 6h ago
Hmm, Irys is so quiet. No one plays during Asian hours. The liquidity pools must be this shallow to be like this.
Interesting pattern emerging with IRYS trading activity—the action's heavily concentrated during US and EU market hours. That's actually atypical for most tokens. You'd think institutional quants operating in Asia-Pacific prime time would be pushing more volume during their window, but the data suggests otherwise. Either the liquidity pools aren't deep enough to attract serious interest during those sessions, or the real money's simply sleeping on this one when the Asian markets are live.