Opening Positions
Q1. Over the last month, what volume of assets are Mean Finance (Polygon) users opening positions with (selling)? What assets are they dollar-cost averaging into (withdrawing swapped assets)? Note any large positions that don’t make sense on Ethereum due to transaction fees.
An open position in investing is any established or entered trade that has yet to close with an opposing trade. An open position can exist following a buy, a long position, a sell, or a short position. In any case, the position remains open until an opposing trade takes place.
The chart below shows the total weekly amount of opening positions based on tokens.
According to the chart:
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The highest amount of USDC that used was about 33.2K from June 13th till June 20th.
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The highest amount of USDT that used was about 12.2K from June 20th till June 27th.
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The highest amount of GRT that used was about 9.8K from June 13th till June 20th.
The chart below shows the total amount of opening positions based on tokens.
According to the chart:
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The highest amount of opening positions was related to USDC about 77.5K in total.
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After that in the second place, The highest amount of opening positions was related to USDT with 19.3K.
The chart below shows the total weekly USD amount of opening positions based on tokens.
According to the chart, same as the previous chart:
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The highest USD amount of USDC that used was about 33.2K from June 13th till June 20th.
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The highest amount of USDT that used was about 12.2K from June 20th till June 27th.
The donut below shows the total USD amount of opening positions based on tokens.
According to the chart:
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The highest USD amount of opening positions was related to USDC almost 58.5%.
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After that in the second place, The highest USD amount of opening positions was related to USDT about 14.5%.
The chart below shows the total weekly sales of opening positions based on tokens.
According to the chart:
- The highest Number of sales was 36 from from June 20th till June 27th.(WETH).
The donut below shows the total USD amount of opening positions based on tokens.
According to the chart:
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The highest number of sales was related to WETH with 68 sold about 55% in total.
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After that in the second place, The highest number of sales was was related to USDC with 20 sold.
The chart below shows the total weekly USD sales amount based on tokens.
According to the chart:
- The highest USD sales amount was on WETH nearly 6K from June 20th till June 27th.
The chart below shows the total USD sales amount based on tokens.
According to the chart:
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The highest amount of USD sales was related to WETH about 10.14K in total.
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After that in the second place, The highest amount of USD sales was related to USDC about 2.5K.
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