funny how, not even last week we were all going "HIGHER HIGH | Lord_Ashdrake on Binance Square

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funny how, not even last week we were all going "HIGHER HIGHER HIGHER and now market is like 20-30% lower"

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@Lord_Ashdrake

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I don't know if this is "legal" or not but what's stopping broke ass companies from doing the following plan - Announce #BTC treasury by diluting existing shareholders & selling stock - Claim publicly that "we have bought X/Y/Z #BTC at whatever price" - Privately sell it all back to the market again cashing in #USD - Only announce it in the next mandatory financial disclosures period. Company dilluated existed shareholders, got new BTC believer shareholder, manage to sell existing stock for USD (using #BTC as an intermediate)

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People be telling me this is max fear but things are still very orderly, #BTC went down 3% from open ETH down like 5%, sol down like 4% There is no fear here, people are like "we gonna buy the dip", the selling is methodical and organized, no cascades, no big liquidation spikes, no 6% nuke in 1h on BTC

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roflmao at the books on eth and sol

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eth always down 3-4% when btc goes down 1%

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Such a methodical sell off on this one, Looks almost exactly like this one. copy paste Oh and remember this one, it was supposed to be the holy grail of L1s or whatever and this other one, the ethbeta is making new lows

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