That's a lot.

https://cryptoraver.com/circle-confirms-3-3b-of-usdcs-cash-reserves-stuck-at-failed-silicon-valley-bank/

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Stuck as in gone.

The conspiracy side of my brain says that all this crypto collapse crap that spans the last few years is engineered via chosen hedge fund participants….they’re playing chess

The only thing that will be left standing is the P2P Bitcoin

lol fiat 🤡

How is BTC down after all this?

Fear is a helluva drug?

Not a lot though. My guess is those “traders stepped out” with uncertainty.

I think at this point everyone’s made their decision on their positions.

Keep stacking and taking off exchange is my unwavering decision.

From what I understand people have to liquidate assets E.g bitcoin to pay the bills/for liquidity… people are forced sellers at this point

To think the banking system can be summed up as a game of musical chairs