Re:Binance Acquires FTX
by crystaln on Tuesday November 08, 2022 @04:23PM
(#33524504)
It’s not a contradiction. It’s easy to have illiquid funds. For example cold storage or locked funds.
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But cold storage and locked funds lead to you taking out a loan or just saying "sorry, it's going to be a while, our funds are locked". You know what you don't do if your funds are illiquid? Sell to your competitor over night.