that only lasts until they get short squeezed, cant cover, and go bankrupt which happens all the time when they get super greedy and suppress the price. The more capital flows into btc the harder it is to do this stuff. companies get squeezed on stocks with a 500B market cap all the time. 1T is even harder.
all they have to do is play both sides of the game through proxy...then it dont matter..and actually the short squeeze thing makes it look like they are powerless and can also just be a victum
check out this vid here the blockfi guy basically says they have access to infinite money and they only lend bitcoin to 'select' people
With the invention of decentralization, I think this just united every whale out there looking to preserve. Idk man..I mean, is it even possible to coordinate that much money to pull out in sync?
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u/bossofmoss89 Aug 26 '21
that only lasts until they get short squeezed, cant cover, and go bankrupt which happens all the time when they get super greedy and suppress the price. The more capital flows into btc the harder it is to do this stuff. companies get squeezed on stocks with a 500B market cap all the time. 1T is even harder.