bitbybit on Nostr: This is false. Market makers have zero positions. They arbitrage. One paper buy order ...
This is false.
Market makers have zero positions. They arbitrage. One paper buy order results in another buy order in a shitcoin like ETH. Then results in a sell order in the ETH-BTC spread.
The market maker makes a few dollars out if it. Done deal.
Market makers have zero positions. They arbitrage. One paper buy order results in another buy order in a shitcoin like ETH. Then results in a sell order in the ETH-BTC spread.
The market maker makes a few dollars out if it. Done deal.