So #Bitcoin ETF inflows completely bypass the spot markets, but outflows result in the price dumping. Please try to explain that (manipulation)! #asknostr
They probably buy OTC and market sell. Haven't looked into it.
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That's the "manipulation", because they could just sell to OTC desks as well. Intentionally or unknowingly, someone is doing something wrong!
Probably not as liquid and you're wrong to think their incentive is to push price down.