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RE: The MARKETMAKER Risk during “Flash Crash”!

in Hive Learners3 months ago

Hello @rimurutempest

You gave this correct information, I was very happy after reading this post of yours - Great information of 10th October reminded that the risks of crypto are not limited to the price only. Liquidity can move everything. I will stay connected with you. Thank you.

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You're welcome. Glad that it was helpful. What happened at 10th October surprised everyone, because it was something none considered before. People usually talk about the bank run, but what about a crypto run, when everyone tries to get liquidity?

Hello @rimurutempest
Yes, exactly! The October 10th event was a real eye-opener. Most people think about traditional bank runs, but a crypto run can be even more chaotic when everyone rushes for liquidity at the same time.