Below is a chart and brief excerpt from today's Early Look written by Macro analyst Christian Drake.
Admittedly, I’ve been more immersed in crypto than “conventional” macro of late. However, to the extent crypto, DLT and blockchain innovations are set to innervate the financial, social and household economies, arguing that crypto is macro isn’t a particularly large conceptual leap.
So, for the Chart of the Day below, we’ll leave you with a soft tease as it relates to our ongoing foray into on-chain analytics and our continued evolution towards dedicated crypto coverage.
Q: Any guesses on the largest open interest position for ETH as investors look to 2022?