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DWF these market makers are really not doing their job properly now, they even want to get involved in the crude oil market!
🛢️
Just now, looking at on-chain data, I was amazed. There’s a wallet associated with DWF that secretly withdrew over ten thousand dollars worth of crude oil tokens in the past week.
By the way, a quick reminder: the name of this token in the screenshot is $USOON , not the one we usually see in brokerage apps, which is $USO . It’s a token representing RWA on the chain.
Usually, when we want to bet on oil prices rising, we just buy physical stocks of traditional energy companies like Western Petroleum and Chevron. But these market-making institutions are doing something different—they’re directly playing with synthetic assets on the chain!
Are they trying to hedge macro risks, or are they simply trying to manipulate the on-chain crude oil market? $BTC