Replying to Avatar captjack 🏴‍☠️✨💜

#washsale A wash sale means one arm of one entity is buying while other arm is selling - a sort recycling while overall controlling price action and price cycle while asset still remains control of the same entity #trade market manipulate

e.g. this is how opensea NFTs used to get pumped in its heydays.

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⚡️Bitcoinia (Bitcoin Art) 1y ago

this is how I see Govts selling BTC. people say 'they dont know what they have' but I disagree if it goes straight to ETFs vis OTC desks. Just one arm of the octopus washing the other.

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