“Liquidity was structured so the bulk of it sat just under market price, allowing the pool to absorb sells with minimal impact,” explained Aswath Balakrishnan, vice president of research at Delphi Digital, in a Telegram message. “There wasn’t enough liquidity to absorb all the ICHI liquidations, causing the price to cascade.”
Former NFL Star “Gronk” to Pay $1.9M to Settle Voyager Investor Suit
Coincidentally, the investors filed the proposed settlement with the court just two days before former NFL quarterback Tom Brady –...