you mean $42.6 million? Since contracts are $100...
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those are futures, leveraged at least 10x which makes ~$4.2M
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its not leveraged at least 10, it's leveraged at least 0x.. You can turn on cross margin and have any balance you want..
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he could have a balance of $400MM and open these contracts on cross margin, you don't know how much balance he has.
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i didnt speculate on his balance. I'm sure as MM he's at least hedged same amount so its in the tens of
$M. 1/2 -
tweet was about value of contracts he's holding.
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value of contracts he's holding is $42MM, as I said
End of conversation
New conversation -
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New MM you reckon? I'm thinking yes for sure. Do you remember how many open contracts #1 held in the previous rally past $1k?
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previous got MC'd for couple
$M if i remember. These numbers now we've never seen before
End of conversation
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isn't that satoshi
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