new use case for perpetual futures tracking pro sports teams just dropped imagine liquidating a publicly traded co because they were hedging their sales by shorting the Yankees lmao
most normies have market exposure via the s&p500. the s&p500 is down 3.5% from aths after being up 43% since the april lows, and it has ppl feeling "extreme fear" -3.5% after +43% causing EXTREME FEAR.