News for hackers. Stuff that matters.
Re:Two Ethereum DeFi traders just made $120M using a strateg... by hbbio on Thursday February 15, 2024 @07:26PM (#39391348)
As the article says, Ethereum needs to move down 60% for them to be liquidated.

This is unlikely to happen overnight (if they are finance pros, they do compute probabilistic models), leaving them time to unwind their position when situation changes.

Re:Two Ethereum DeFi traders just made $120M using a strateg... by JumpCrisscross on Thursday February 15, 2024 @08:58PM (#39392162)
> As the article says, Ethereum needs to move down 60% for them to be liquidated

This is basic margin math.