On the bright side, the high frequency of trades provides liquidity, market depth & fills blocks
Discussion
I don’t think they spend any time trading in BTC
It’s switching between altcoins via crypto exchanges
So the liquify they provide is mostly elsewhere in that sense
Ask any crypto exchange where they make their money
& it’s from these traders regularly switching alt coins
Or retail investors getting into the market
forgot for a second there was other crypto aside from bitcoin 🥲😅