Do Kwon 🌕

@stablekwon ↗

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Last Checked April 3, 2023

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Thu Dec 08 16:42:54 +0000 2022

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Do Kwon 🌕 @stablekwon

@gabrielhaines @cewh1te @UnterseeS Once again, not us — PolitiTweet.org

Posted Dec. 8, 2022

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Do Kwon 🌕 @stablekwon

@gabrielhaines @cewh1te @UnterseeS LFG had not sold any ust on curve close to the depeg - around the depeg dates there were large txns draining usdt/c from ust3crv pools in matter of minutes, and repeated sells against the pool whenever it got close to rebalancing — PolitiTweet.org

Posted Dec. 8, 2022

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Do Kwon 🌕 @stablekwon

@gabrielhaines @cewh1te @UnterseeS During the depeg there were: 1) large ust short open interest on ftx (think possibly in excess of ust deposits custodied implying naked shorts) 2) and price agnostic sells of sometimes hundred millions in an hour against lfg bids in order books to suppress price recovery — PolitiTweet.org

Posted Dec. 8, 2022