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After 3AC's collapse, centralized lenders with 3AC exposure had failed, while their decentralized counterparts liquidated collateral and continued operating (Arthur Hayes/Entrepreneur's Handbook)
02
Jul
Jul
Arthur Hayes / Entrepreneur’s Handbook:
After 3AC’s collapse, centralized lenders with 3AC exposure had failed, while their decentralized counterparts liquidated collateral and continued operating — This current crypto nuclear bear market marks my third brush with generalised market carnage. And while they can sometimes feel like reruns …
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