How do market makers make money during a big drop? Alpha itself cannot short either.
链研社lianyanshe
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The results regarding the sudden drop of LISA, which was previously the most stable for刷单, have come out. It is due to market malfeasance.
The project team also admits their mistake, takes responsibility for this matter, and has provided a compensation of 1.3 million USD frozen by Binance for market makers (700,000 for repurchase + 600,000 in cash compensation for affected users, and the team also supports Binance in cracking down on more malicious market makers. The Lista team has shown responsibility in handling this.
If you held tokens at around 2:20 AM on January 12, the system will automatically calculate the compensation amount based on the price difference at that time. This USDT will be directly sent to your Binance spot wallet within 30 days, no need for you to apply or hassle, just wait. $LISA
It has been many days since I missed the alpha airdrop, not because my score isn't high, but simply because I forgot... This alpha airdrop is really quite annoying. Sometimes it's at four o'clock, sometimes at eight o'clock. Moreover, the announcement of the news is extremely slow; you don't know until it’s almost time. In the afternoon, I saw that alpha123 hadn't made a preview yet, thinking that it was probably gone for today. While I was taking a shower at night, I suddenly remembered to check again, and sure enough, I missed it.
It's outrageous. I actually made a little profit from hedging before the airdrop, but I woke up late and found this thing had dropped sharply, so I couldn't sell at a good price. I felt that once the spot market came online, it would definitely rebound. So I went long at 0.45. Unexpectedly, the spot market surged at 10 a.m., and I immediately realized it would definitely return to the pre-airdrop price. So I went all in long, luckily nothing went wrong—what a thrilling experience!
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