moinmacdoin 🔥 // moinmacdoin.inj

A $15M $INJ ETF launched on Nasdaq so why did the price barely move❓ the $15M is the @Injective Foundation's own INJ 600,000 shares at $25, paid in INJ not cash on launch day almost the whole fund belonged to the Foundation the public traded $75K on day one that money moved between buyers and sellers it never entered the fund and on chain the whole launch is one move 1,910,010 INJ changed validator nothing came in, nothing went out it was already staked launch day, Nasdaq closed at 21:00 UTC 20 minutes later the position moved in 4 redelegations 🔸 560K from FalconX 🔸 500K from Mblock 🔸 500K from FP Validated 🔸 350K from NTT DOCOMO GLOBAL the fund stakes through Luganodes one wallet is 99.99% of that validator everyone else has 60 INJ and dust about 110 INJ sits free in it it has signed 7 transactions in its entire life total staked INJ on the whole chain grew just +298K from Nov 3 to Nov 6 the launch added no new stake FP Validated held half a million of this wallet today it holds 256 INJ in total and is unbonding and trading slept through it on Nov 4 INJ jumped 11.5% on the news the INJ perp here printed one liquidation $145.89 staking it yourself pays about 6.8% the fund takes 30% of the rewards plus 1.10% a year in fees holders end up with about 3.7% and the INJ is locked, unbonding takes 21 days a Nasdaq launch and on its own chain just a validator change $INJ @injective