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jwpapi 15 hours ago

The examples didn’t look like they’ve completely emptied the orderbook

0x3f 6 hours ago | parent [-]

Because there's always some uncertainty and capital limits. But the uncertainty about the outcome is itself inside info, and that's compounded with your own uncertainty about the insider as a copy trader. So the insider will empty out certain price levels only, and your certainty is strictly less than theirs, meaning you have even fewer viable levels to buy.