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As per cryptoapprentice, @SBF_Alameda deposit lots of $ftt $srm on $cream as collateral to borrow $uni $yfi $crv and dump on binance.
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Replying to @FUTURE_FUND_
1) allowed for more efficient use of capital
2) allowed for a hedge
3) this is massively overstated. It was a while ago, it wasn't a huge dump--it was a smaller, slow hedge.
Yes, we hedge. It's the responsible thing to do. You can't hedge if you can't short anything.