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The examples didn’t look like they’ve completely emptied the orderbook
by jwpapi 7mo ago
The examples didn’t look like they’ve completely emptied the orderbook
- 0x3f 7mo agoBecause there's always some uncertainty and capital limits. But the uncertainty about the outcome is itself inside info, and that's compounded with your own uncertainty about the insider as a copy trader. So the insider will empty out certain price levels only, and your certainty is strictly less than theirs, meaning you have even fewer viable levels to buy.