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telamelo

12,708 Posts.

348

11/11/21

20:25

Post #: 57508805
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Originally posted by gemma: ↑

Just a good time to top up

There was a lot of leveraging possibly why the dip and maybe Evergrande sold off some crypto to pay their huge loan.

But in a shock last-minute move, Evergrande managed to rustle up the cash to meet its obligations and survive for another day

It’s not the first time Evergrande has pulled off a similar feat, with the company making a string of eleventh-hour payments in recent months to avoid calamity time and time again.

But how exactly are they doing it? had to pay back their loan, they may have had some money in crypto.

Also BTC hit a new high so profit taking maybe.

I topped up on LNK this morning

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Hey @gemma excellent post above thanks as you seem to have a good understanding of crypto etc. so appreciate your ongoing contributions to this thread (keep it up).
Cheers tela
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