Every time I visited the exchange website in the last couple of days, XMR was always at 0. But you are right. It was showing a little bit above 121 when I saw your quote. A few minutes later and it's back to 0 again. There is great demand for no-KYC monero.
Absolutely. We can load 15000 XMR right now and it will be sold in just a few hours at 5%. At 0.5% in less than 1 hour. This situation has repeated many times already.
Some time ago we were using exchanges like Binance and Kraken to acquire XMR liquidity periodically, but we stopped doing so because they became very uncomfortable with us draining so much liquidity from them, because it became an infinite process.
We are now temporarily back to our old model (customer-provided liquidity only), but expect to resume having constant XMR liquidity soon once we acquire a good and reliable source.
I didn`t know about this XMR scarcity. This is new to me.
What intrigues me about this, is that XMR performance is very poor compared to other cryptocurrency. It used to top in top 10 coins (in marketcap) just 5 years ago, and it is nearly 50th now (46th in time of writing). This means losing much of its valuale compared to BTC.
Something is not right. XMR price is not showing this scarcity