Subnostr

So #Bitcoin ETF inflows completely bypass the spot markets, but outflows result in the price dumping. Please try to explain that (manipulation)! #asknostr

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TextNow十𝟭𝟳𝟬𝟳𝟯𝟮𝟵𝟴𝟱𝟳𝟱 1y ago

https://simplex.chat/contact#/?v=2-7&smp=smp%3A%2F%2F6iIcWT_dF2zN_w5xzZEY7HI2Prbh3ldP07YTyDexPjE%3D%40smp10.simplex.im%2FVgZLYrvVZHxjcf9i-mIcUly3jMs-DPRf%23%2F%3Fv%3D1-3%26dh%3DMCowBQYDK2VuAyEA_Q2P4XOXwfzDxbS4Mq8hsIjlBIG8JHMS9nCF7XF2EDg%253D%26srv%3Drb2pbttocvnbrngnwziclp2f4ckjq65kebafws6g4hy22cdaiv5dwjqd.onion

Jose Sammut 1y ago

They probably buy OTC and market sell. Haven't looked into it.

Michael ⚡️S⚡️ 1y ago

That's the "manipulation", because they could just sell to OTC desks as well. Intentionally or unknowingly, someone is doing something wrong!

Jose Sammut 1y ago

Probably not as liquid and you're wrong to think their incentive is to push price down.