It's likely that market makers are holding the ~$15k floor to prevent a liquidat... | Hacker News

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		scrlk on Nov 14, 2022 \| parent \| context \| favorite \| on: FTX collapse, Tether operations have links to onli... It's likely that market makers are holding the ~$15k floor to prevent a liquidation cascade.

ahtihn on Nov 14, 2022 [–]

Market makers aren't in the business of keeping prices up.

Market participants that do this aren't market makers anymore.

acdha on Nov 14, 2022 | [–]

Tether appears to have been doing this for years. At some point they’re going to have a real audit and that’s likely to be very interesting.

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