Longs wiped out. Next up are the shorts.
Discussion
Tik tok next block
Was just thinking, a Sunday night bloodbath for the over leveraged long positions…
Nobody ever learns so there are unending fish in the barrel to shoot.
Back when I worked at CS, flash crash liquidations were a common thing.
Now, algorithms do the job I used to do in options and equity-swap markets. And they cause deeper, harder volatility, but the game remains the same
Lol.
I didn't even notice.