Cercle@pppmppppp·Aug 6, 2019$35M+ closed out in the last 15 minutes on Okex. Same guy, 2 accounts taking his own liquidity. This is what market makers exiting looks like.3724
SBF@SBF_FTX·Aug 6, 2019Replying to @pppmppppphonestly it's probably one guy closing down against liquidity providers who had on the opposite position1
Cercle@pppmppppp·Aug 6, 2019Replying to @SBF_FTX and @SBF_AlamedaThe large liquidity was appearing and taken almost instantaneously at random time intervals. Seemed highly planned from both sides.11
Cercle@pppmppppp·Aug 6, 2019Replying to @pppmppppp and @SBF_AlamedaWith almost no residual - perfectly matched volume.11
SBF@SBF_FTXReplying to @pppmpppppweeeeeird could be someone had an up-down between two accounts accidentally and is closing them down? the other direction is way more sinister but seems less likely given the new margin rules on OKEx.9:36 AM · Aug 6, 2019·Twitter Web App2 Likes
Cercle@pppmppppp·Aug 6, 2019Replying to @SBF_FTX and @SBF_AlamedaI'm wondering if it's genuine capital flight for a more fundamental internal reason- noticed this recently too:11
SBF@SBF_FTX·Aug 6, 2019Replying to @pppmpppppgood question! best guess is someone closed down a futures position so doesn't need the EOS collateral anymore, but idk1