If even 1/2 of it were put on sales to be exchanged, the current buy liquidity (around 36k NBT) (1) would not be able to cope with it even if we used all the Tier4 reserves (the total possible buy side support would be around 75k NBT). (2)
(1) shows that all stolen funds have not been put to sales.
(2) shows that in case all stolen funds are put to sales, sellers would not be able to sell half of it at 1NBT=1USD .
In that case the question is would the owners of those stolen funds be ready to sell at a discount, destroying the peg at the same time?
There are also 36k parked NBT right now.
So in case out of the 170k, 36k are parked, we still have 134k stolen NBT in circulation.
That is still 60k NBT that would not find buyers at 1NBT=1USD.
Perhaps the owners of those 60k NBT have confidence in the fact that they will be able quickly to get 60k USD out of it, implying they have confidence in the peg, which would imply that NuNet is getting stronger.
I hope so.
Awaiting your comments?