According to Ai 姨, Upbit's listing of $ORCA has led to a substantial price discrepancy among exchanges, with Upbit's price at 8,686 KRW (approximately $5.94), Binance at $4.808, and futures contracts at $3.43. The funding rate for shorts has reached 2% and maintained for four hours due to Binance's withdrawal pause, affecting spot prices.

According to Mihir (@RhythmicAnalyst), there is a notable discrepancy between the price action of Grayscale's Solana fund (GSOL) and the actual Solana (SOL) token. This misalignment is observed not only in GSOL but also in other Grayscale products, suggesting potential risk for traders relying on these products to mirror underlying asset prices accurately. Traders should exercise caution and conduct thorough analysis before engaging with Grayscale products. (#Grayscale #risk)