Bitfinex just hit 1bn$ in margin funding

in #bitcoin4 years ago

Thoguht that this would be fun to point out, especially with all the speculation about USDT printing and other issues going on. 1 billion dollars is a lot of money and at .27% daily, that means investors are paid 27m(!!) (-bitfinex 15% fee) each day.

One can speculate that the high interestrate stems from the risk premium of lending at bitfinex now.

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