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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