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Leverage: How it Could WRECK Crypto Markets!!! (Ep 235)

Coin Bureau

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Bit Mex - What if the Liquidation Engine Didn't Go Down?

In may, bit mex actually went down. It slowed to a crawl as it either faced a hardware issue or an intentional didos attack. The moment that this liquidation engine could not operate any more, the markets recovered. After that fateful day, open interest in the future's market was dramatically reduced. People started buying the dip in bit coin, including yours truly.

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