The Real Reason Crypto Crashed on May 29th — And It’s Not What You Think

On May 29, 2025, crypto didn’t just dip — it buckled under the weight of coordinated chaos. While Ethereum saw a short-lived 4% spike, the broader market was reeling. Bitcoin dropped sharply as $11.7 billion in options expired on Deribit, triggering liquidations and feeding volatility.

Mainstream headlines blamed “natural market movement.” Don’t buy it.

Behind the curtain, the SEC's ongoing crackdown cast a long shadow, with rumors of new lawsuits looming. Traders were spooked. Meanwhile, whispers of insider dumping at major exchanges swirled on X (formerly Twitter), with one post going viral:

> “Someone knew. Check that ETH dump wallet. Same address as the March run-up. Classic rug.”

Add in the macro pressure — global trade fears reignited after new tariff threats — and it felt less like a dip and more like a takedown.

Was this just a confluence of bad timing? Or was it a deliberate wealth transfer?

This wasn’t a crash. It was a shakeout.

Do you believe the May 29th chaos was organic — or orchestrated?

Drop a comment, share your take, and let’s crack this open. The truth doesn’t trend unless we push it.