Sorry, I had topic.twitter.com/wKAARY2PIB
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He says' there is a chance it goes to zero'. But actually It was definitely going to zero at that time as luna dilution was happening to try to restore the UST peg. The dilution only stopped later when Luna was at a much lower value and do kwon accepted that UST will not repeg.
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Yes and precisely, why it was the worst ,not the best, risk reward trade EVER. it was like buying Lehman brothers when they declared bankruptcy.
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It was honestly the easiest short of all time, there will never be anything like it ever again - essentially risk-free with low enough leverage to dodge the random MM squeezes
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Beyond that, he shouldn’t have deleted the tweet. He should have followed up with “whoops, that was a bad call” Instead of they OG to maintain this flawless public-facing image. That’s the part that makes me not trust
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True
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