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SBF

@SBF_FTX

theblockcrypto.com/daily/96967/kr probably cascading liquidations + not enough liquidity

10:36 PM · Mar 3, 2021Twitter Web App

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Also heard they don’t have a market maker backstopping their order book I.E. completely dependent on organic liquidity, which has been dwindling over the years

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Check out this analysis on the Kraken ETH flash crash by

@CarpeNoctom

it’s really well done.

youtube.com

Josh looks into it

'Josh looks into it' is a new series featuring pro-trader Josh Olszewicz. In it, Josh is freed from the unyielding constraints and restraints placed on him b...

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Josh's content is always quality

Adam Cochran (adamscochran.eth)

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Don't they only offer like 5x leverage and to limited investors? At the end of the day a thin/empty book and lack of backstop bidders had to come into play, if not additional technical challenges.

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What's your opinion on the systemic risk growing in crypto with the augmentation of the collaterals (on DeFi protocols and exchanges) mixed with the low liquidity of the assets used as collaterals ?