only x7, no big deal

there no such thing #glassnode or #onchain #btc analysis in SHADOW world banking system (US=90%) old but useful #derivative was major factor drive down #BTC prices by nakes #shorts fiat bazooka. BTC 500 billion mcap! ant vs elephant say !

I think it’s about double but the the systemic risk is significantly larger

$575 billion in assets for CS and $212 billion for SVB

Credit Suisse 4Q22:

Asset = 531 billions

Equity = 45 billions

Revenue = 15 billions

Source: https://en.m.wikipedia.org/wiki/Credit_Suisse

SVB Annual report 2022:

Asset = 211 billions

Equity = 16 billions

Revenue = 7.4 billions

Source: https://en.m.wikipedia.org/wiki/Silicon_Valley_Bank

Here there is also an interesting plot of bank failures since 2001 that I found on Reddit: https://www.reddit.com/r/wallstreetbets/comments/11ukpfj/bank_failures_20012023_inflation_adjusted/

They’ll both be same soon. Zero

Key thing to keep in mind: adjusted for population (Switzerland vs US) the 200bn bailout for CS is equivalent to 8trn in the US. That should give you an sense for how badly Swiss tax payers are on the hook.