Jump Crypto

Jump crypto is one of the largest liquidity providers in salana eco system, like across serum mengo markets. And so my understanding of what likely occurred is that jump crypto did the math and realized that 300 million dollars was less than what they would lose letting the market react to all the rapped ether. They expected to get liquidated across the protocols, or to lose too much in other things they were exposed to. And so filled the gap and protected their investment. This i mean, even for a major crypto currency trading desk, 325 million dollars worth of etherium is hard to come up with at that quickly. But it doesn't seem like it gave them much paws at all.