Wall street now has more coins that the retail order books have liquidity.

They can do with the retail price whatever they want. In short, we sold them too many coins too fast and this is the result.

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Eh! Who's WE? WE?! There's no we bro. Call it yous, call it them, don't be bringing up we.

We as in...

We are all Saothi or

We sold too many coins

It's not like wall street is printing the money here.

many were cheering for this because it pumped their bags in fiat terms. when did we lost the plot?

The plot was lost when people started cheering for brokers and politicians at Bitcoin conferences.