Oh boy, this will be fun.
Wait, did Zeus/Nexo actually put their money where their mouth is and short $LINK heavy? It wasn't a psyop to engineer an infinite bid? Holy shit
Strap in gentlemen.
https://debank.com/portfolio/0x108e4bfd9cda6243e1de53b71d08a0111974efc1 …pic.twitter.com/9ZrBQtm8SE
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@BlackLionKingSD holy crap we could get a massive short squeezeThanks. Twitter will use this to make your timeline better. UndoUndo
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*everyone rushes to market buy*
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Meme Party starts at $11.28
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I was thinking about this today... If they're over collateralised and they only borrowed the asset, the liquidation wouldn't ever really hit market right? They'd just lose 70% of their collateralisation and the
$LINK would return to the borrower? -
Yeah, it wouldn't hit market, and normally these liquidations are inconsequential, but just given the size of this one coupled with the market in general and how everyone's got eyes on
$LINK, there might be some trickle over effect at market. (My views are independent of my long) - Show replies
New conversation -
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Hahaha!!!
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