Doug Colkitt (@0xdoug)

1/ Since a lot of people are waking up to see their perps positions closed and wondering what the hell “Auto-Deleveraging” means, here’s a quick and dirty primer. What is ADL? How does it work? And why does it exist? ...

1/ Short thread on what we're likely to see *if* James Wynn's monster $1bn position is liquidated. <span class="quote-card" data-quote-index="0"></span>...