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![rpahlmeyer Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::20917638.png) Ralph [@rpahlmeyer](/creator/twitter/rpahlmeyer) on x 2429 followers
Created: 2025-07-17 12:35:20 UTC

What are the chances that $MKR underperformance can be attributed to whales looping delta neutral farming via staking $SKY and shorting $MKR (for 25%+ APR) who are aggressively defending a liquidation level?

![](https://pbs.twimg.com/media/GwD0sLjWEAAei3A.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1945824639940247766/c:line.svg)

**Related Topics**
[ralph](/topic/ralph)
[mkr](/topic/mkr)
[chapter 11](/topic/chapter-11)
[$sky](/topic/$sky)
[staking](/topic/staking)
[delta](/topic/delta)
[whales](/topic/whales)
[$mkr](/topic/$mkr)

[Post Link](https://x.com/rpahlmeyer/status/1945824639940247766)