Now deep into the territory of collapses in some parts of the tradfi markets getting so extreme,
that participants have to “irrationally” liquidate huge stakes in other totally unrelated parts of the market to cover for losses in the collapsed areas,
= Cascading collapse
At this point nothing is safe from being irrationally driven down.
Great opportunities, but bottom increasingly unclear, mostly because of this next point,
Now also reaching the point where we may now see some FTX/Alameda and Terra/Luna style of collapses — further “irrationally” compounding market collapses.
Rumors that Jump Crypto rumored to be having problems — but at this point difficult to distinguish troubled institutions dumping insanely from savvy institutions dumping because they rightfully called what was coming.
The tide just went out.
Now we discover who's been swimming naked.
🐻
that participants have to “irrationally” liquidate huge stakes in other totally unrelated parts of the market to cover for losses in the collapsed areas,
= Cascading collapse
At this point nothing is safe from being irrationally driven down.
Great opportunities, but bottom increasingly unclear, mostly because of this next point,
Now also reaching the point where we may now see some FTX/Alameda and Terra/Luna style of collapses — further “irrationally” compounding market collapses.
Rumors that Jump Crypto rumored to be having problems — but at this point difficult to distinguish troubled institutions dumping insanely from savvy institutions dumping because they rightfully called what was coming.
The tide just went out.
Now we discover who's been swimming naked.
🐻
🫡9