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re: Official CryptoTalk Thread
Posted on 11/11/22 at 8:24 pm to 21JumpStreet
Posted on 11/11/22 at 8:24 pm to 21JumpStreet
Big miners insolvent too.
Killer bear market cycle in general.
Cant wait till the gov takes a whack at the crypto pinata next. Assume they gonna try kill the on / off ramps?
Killer bear market cycle in general.
Cant wait till the gov takes a whack at the crypto pinata next. Assume they gonna try kill the on / off ramps?
Posted on 11/11/22 at 9:44 pm to brdrone
CT Link
quote:
Hundreds of millions of dollars are now flowing out of FTX wallets, some speculate liquidators but it's late on a friday night, not typical times for such rapid heavy movements. Some withdrawals are being swapped from Tether to DAI. Hack or insider actions? $26 million here
After swapping USDT for DAI (more censorship-resistant?), they just swapped $44 million of stETH for ETH, eating huge slippage. This is super sketchy, no liquidator would be taking actions like this
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