3min chapter

UpOnly: Chats with Crypto Experts cover image

Crypto Cope with Cobie & Ledger

UpOnly: Chats with Crypto Experts

CHAPTER

Is There a Liquidity Crunch?

A lot of those loans were essentially perpetual. It wasn't like defined terms. They can simultaneously leave it open forever or call it at any time. So if you borrowed a billion dollars from, say, a genesis or block fy lus, just keep it with block fie. And that's just on repeat all over the place. As a lender a was calling in these loans, and the borrowers are scrambling to make it, to make it work. Ah, and that that's creating this, this liquidity crunch, and nobody has any money to by a bit con. I mean, as far as i've heard, at least, it seems like everybody who was lending, a

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode