> The maximum the desk could make is 100% if Bitcoin went to zero.
That's an interesting statement coming from someone whose exchange allows x100 leverage. You can make more than 100% of your initial investment if you leverage more.
That's an interesting statement coming from someone whose exchange allows x100 leverage. You can make more than 100% of your initial investment if you leverage more.
Bitfinex has around half a billion of Bitcoins borrowed.
I'm not saying $100m is easy, but it is definitively doable in todays crypto space.