Jiang Dror: A short-term collapse in the market alerts to the risk of a joint bond silo

ON 22 AUGUST, THE FOUNDER OF THE LEBIT MINE (B. TOP), JIANG ZHOR, WROTE THAT, AROUND 1300 HOURS BEIJING TIME, THERE HAD BEEN A SMALL COLLAPSE IN THE MARKET, A PINPOWDER IN THE BTC, ETH AND YAMAYA CURRENCIES, AND THAT NON-ENCRYPTED ASSETS, SUCH AS CRUDE OIL, HAD FLUCTUATED SIMULTANEOUSLY AND SHARPLY. HE SUGGESTED THAT, UNDER THE CONSOLIDATED ACCOUNT JOINT BOND MODEL, A LARGE DROP IN INDIVIDUAL CURRENCIES WOULD RESULT IN A SHORTFALL IN THE MARGIN AND LEAD TO THE SILO OF OTHER ASSETS. THE USE OF A WAREHOUSE-BY-BARREL MODEL FOR THE CONDUCT OF HIGH-LEVERAGE CURRENCY TRANSACTIONS IS RECOMMENDED TO ISOLATE THE SILOS AND, IN EXTREME CASES, ONLY A SINGLE SILO HAS BEEN DAMAGED, AVOIDING THE RISK OF IMMEDIATE LIQUIDATION OF ALL ASSETS。