Akash Patel (akash)
Former Head of Trading at Maker. Former partner at AGbuild.vc Helping build at @ajnafi Here to learn. Nothing I say is financial advice.
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Nice to see you here also!
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3 billion out of 41 billion is stuck at SVB. https://twitter.com/circle/status/1634391505988206592?t=wfiQfMzusFJyus8CxysUEA&s=19
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Here is a scary chart being passed around Twitter. Basically theoretical large losses on Held To Maturity securities for Banks. Not an issue unless people pull deposits and then losses have to be realized, which happened at SVB. Note this is from Twitter and not verified. https://i.imgur.com/3GKbfRQ.jpg
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