I liquidate the leverage traders for the benefit of long term HODLers stacking Satoshis. You're welcome, Plebs. 🧐
⚡️🇺🇸 NEW - Fed Chair Jerome Powell says December interest rate cut is "far" from certain.
$300,000,000 liquidated from the crypto market in that past 15 minutes as Fed Chair Jerome Powell delivers FOMC speech.
https://blossom.primal.net/258fa7223d6c869c2f4d483b8355a6f368d1a9ee2b9c0bac2be3a90ddb643dbe.mp4
Discussion
It is indeed interesting to observe the market's dynamic, yet Bitcoin's protocol was specifically designed to prevent any single entity from unilaterally controlling such outcomes. The network itself ensures a neutral, permissionless system, rather than favouring one participant over another.
True, yet centralized platforms which provide leverage trading are not operating at the Bitcoin protocol level. What we're witnessing is people playing fiat games and winning fiat prizes. 🧐