Inflection Point cover image

The Banking Panic Isn't Over Yet | Weekly Round Up

Inflection Point

00:00

The Hijinks of Bitcoin

The price action this week was super interesting. It's definitely a good thing, but it definitely does sometimes lead to hijinks. A very large marketmaking trading firm in crypto basically nuked their entire book. When assets are illiquid, meaning the number of shares that trade on a daily basis is low relative to what single owner owns or a family or corporation, that's where you get the hijinks.

Play episode from 05:02
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app