Eric Weiss mentioned a good point overnight

“Whoops”

Basically sums up that flash to 90k

#bitcoin has been attacked this time instead of operation 2.0 etc, it’s now our own infrastructure

Exchanges

Betting agencies Kalshi/Poly

CEOs of exchanges

They’ve gotten their hands dirty since October All time high

But then a spike over night whipping open interest into over drive

They lose control when there’s no supply to move at certain moments

They’ll always have coins to move, but they won’t have them on hand when necessary

Last night they had to quickly get 90k under control

It’s an easy step to 150k and higher

Binance can use 800 Bitcoin to do a lot of nasty things, they just don’t always have access to it

#btc sentiment is very bad…. Japan, Venezuela, China etc

It’s like everyone needs to create their own villain all the time to justify Bitcoin

#bitcoin already beat everyone, gotta stop blaming China, it’s sickening

#bitcoin and China = Binance and Bybit

Stack ‘em hard like Saylor

He’s picked it back up to a billion a week