Part 1 Advanced The Market Maker’s Exchange Checklist (Liquidity, Latency, and Risk Controls) Market makers and HFT desks: evaluate exchanges on execution quality, liquidity, latency, fees, margin, and security — with a WhiteBIT walkthrough. Open guide Analysis News
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Derivatives
Bitcoin price just collapsed because the macro selloff collided with a $14 billion options expiry this morning
Roughly $14.1B in Bitcoin options and $2.2B in Ethereum options expired on Friday, Mar. 27. History suggests more volatility around expiry.

Trading
Realized Bitcoin loss from the FTX fallout surpasses LUNA collapse
Investors suffered more realized losses from the FTX fallout than they did from the collapse of Luna, showing that the worst is not over yet.

Analysis
Research: Genesis received over $1B worth of FTT from Alameda, FTX in last 3 months
Arkham Intelligence dashboard shows that Genesis has been processing millions in stablecoin redemptions over the past few days.





















