This excerpt is from a video in which the speaker outlines a multi-level institutional move involving Bitcoin liquidity. They mention three levels (level 1, level 2, and level 3), note that level 3 is a 3x position that will be liquidated and harvested, and set up a forthcoming discussion/drawing of possible destinations for those proceeds.
Now here's where it gets interesting. Some. I can hear some people in their thoughts saying, well, that's not the whole move. You're right, it's not the whole move. That only gets us to right here. Level. This is level two. Level one was here and then level three is up here. So that doesn't get us to level three. So what do we do? So once we get up here, we have the last level, this level 3, which is 3x, that's going to be liquidated as well. It's going to be harvested. Now, where do they take that? Here's where it gets interesting. I'm going to draw out the potential here. What could possibly happen?
