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> That crazy crypto hedge fund Alameda raking in dollars? Absolutely, they likely made 10's of billions. They were long assets, with huge leverage, that went u
by blitzar 4y ago
> That crazy crypto hedge fund Alameda raking in dollars?
Absolutely, they likely made 10's of billions. They were long assets, with huge leverage, that went up massive amounts.
They were still long assets, with huge leverage, when they went down lots. They were the biggest bulls in a bull market, and then the biggest bulls in a bear market. That is how we got to where they are.