I suppose you all know about the ETH flash crash. I was wondering if those people on Poloniex who were loaning out BTC to leverage traders were burnt by this?
Like if someone borrowed the BTC to leverage trade ETH, and ETH then flashcrashed, then they might not have been able to sell in time to repay the BTC loan, right? Seems like it in theory, but was wondering if there were any actual examples out there?
Trying to assess the risk of lending BTC on poloniex and this is one aspect of it.
Topic: Were people who were lending out BTC on Poloniex, burnt by the ETH flash crash? (Read 211 times)
June 25, 2017, 11:05:34 PM
Jump to: