full image - Repost: Liquidity when making swaps (from Reddit.com, Liquidity when making swaps)
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Usually when swap a big amount of a coin always get high/very high price impactFrom my opinion when exchange a coin, am giving liquidity of the coin am holding , is that right?Let's say I have 1 million XYZ coin and want swap it to ETH on ETH network, in this case am giving 1 million of XYZ coin and here I don't need a liquidity for XYZ coin but if I swap ETH for XYZ that should need liquidity for XYZ to cover the needed amount of XYZIs that right?
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