$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.
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, I'm curious how you'd categorise this volume..
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honestly it's probably one guy closing down against liquidity providers who had on the opposite position
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The large liquidity was appearing and taken almost instantaneously at random time intervals. Seemed highly planned from both sides.
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weeeeeird
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.
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I'm wondering if it's genuine capital flight for a more fundamental internal reason- noticed this recently too:
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good question! best guess is someone closed down a futures position so doesn't need the EOS collateral anymore, but idk