3 Comments

"The narrative at this time was that big players would keep the UST peg. No worries. It did seem a bit panicky that the address 1st dumped $51 million in stETH to ETH."

How does this keep UST's peg? What does the stETH/ETH pool have to do with the UST-3Pool one?

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"It’s not arbitrage if you don’t exit the position."

Gold.

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Play stupid games win stupid prizes. The financial terrorists will ALWAYS win. They will get you hooked on the game and you will keep coming back for more and the anal raping will only get more and more bloody. Money isn't free. If no one played their rigged games they would have to rob you with a gun to steal from you and at least that would involve some risk and work. The entire market across the board is rigged. It's funny how people will make fun of others claiming the market is rigged when they get screwed but when it happens to them... well, you know how it turns out.

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