oh shit that bot trying to get its liquidity back is really interesting and synaptic connections to clayboyn trying to get SPS listed and paying "market makers" to "make markets".
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oh shit that bot trying to get its liquidity back is really interesting and synaptic connections to clayboyn trying to get SPS listed and paying "market makers" to "make markets".
The entire business model of a market maker is to provide liquidity in the moment to anyone who doesn't want to wait around (which is basically 99% of the population). So all the small fish pay a tiny premium to the market maker in exchange for instant service.
It's when the market makers start trading with each other that things can get weird.
yeah it's a very crazy ripple affect when you buy up a bot's liquidity and it has to figure out what to do.