[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Cobie [@cobie](/creator/twitter/cobie) on x 810.2K followers Created: 2025-07-18 17:37:10 UTC Well, this may be true, but it also might not be true. If it is true, it is a risky strategy, because they need to repay the loan at some point, and so they can lose a lot of money if they are wrong. MMs skewing short seems quite risky to me for the payoff, unless the loan is huge compared to float. MMs make more money when tokens go up, bc they just get to buy the tokens for cheap with the strikes associated with the loan. I guess my point, which @EvgenyGaevoy misinterpretted I think, is that a lot of these accusations are just theories and possibilities, and it is too opaque to actually know. Adding transparency here is better for everyone: founders could identify this damaging behaviour if it is really happening. MMs can point to the evidence that it is not happening which helps their reputation when they are blamed for everything, like WM is. For token buyers, its just overall improvement as they move towards info symmetry. XXXXX engagements  **Related Topics** [money](/topic/money) [loan](/topic/loan) [Post Link](https://x.com/cobie/status/1946262987649794127)
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Cobie @cobie on x 810.2K followers
Created: 2025-07-18 17:37:10 UTC
Well, this may be true, but it also might not be true. If it is true, it is a risky strategy, because they need to repay the loan at some point, and so they can lose a lot of money if they are wrong.
MMs skewing short seems quite risky to me for the payoff, unless the loan is huge compared to float.
MMs make more money when tokens go up, bc they just get to buy the tokens for cheap with the strikes associated with the loan.
I guess my point, which @EvgenyGaevoy misinterpretted I think, is that a lot of these accusations are just theories and possibilities, and it is too opaque to actually know.
Adding transparency here is better for everyone: founders could identify this damaging behaviour if it is really happening. MMs can point to the evidence that it is not happening which helps their reputation when they are blamed for everything, like WM is. For token buyers, its just overall improvement as they move towards info symmetry.
XXXXX engagements
