Debatable_rumor on Nostr: Not directly related on the topic, but what is the influence of perpetual futures ...

Not directly related on the topic, but what is the influence of perpetual futures trading on the price (of monero)? There is no actual exchange of monero possible with a contract like that. You can't deposit or withdraw monero.

I have a feeling that the volume for this kind of trading is used to manipulate the spot price.

The volume in these trades is with supply that is non existent. So a kind of supply out of nothing (= money creation).

Was interested in your thoughts.