MonkeyGee : I don't know.  sit on hand opportunity?

SpyderCall OP MonkeyGee : Right. I'm gonna hold off on this one.

Lucky 猫 : Good analysis thanks for sharing

Lucky 猫 : Hope you had a few puts haha

Mcsnacks H Tupack : They had to sell their treasury bonds before they matured in order to cover the SI losses in the cryptocurrency market. They would have been fine if they didn't have to sell the bonds before maturity.

lee… OP Mcsnacks H Tupack : SVB's business volume is quite large, including banks, brokerages, and investment businesses, and its own business volume is not small. These funds are squeezed out on a large scale in a short period of time, which really puts a lot of pressure on the market, and the default risk of SVB is added. Large, the counterparty to the transaction will also follow suit in a series. It is expected that Powell will watch the interest rate hike cause a substantial financial turmoil. We should be able to look forward to whether the pace of interest rate hikes can be suspended.