BTCUSDTETHUSDTIBIT Bybit says they are okay, but how is it possible for them to be 1:1 backed, especially now that most coin prices have dropped significantly and more than 50% of traders have decided to withdraw their coins from Bybit? How can Bybit manage to maintain the 1:1 backing under these circumstances? Bybit’s incident coincided with the 5-year anniversary of the COVID outbreak. I don’t believe conspiracy theories, but it’s really suspicious, as if some people might have co-directed this drama. Technically, it’s impossible to be hacked unless all of the insiders agreed simultaneously or were fooled at once.
IBIT It seems like the dumping last week was manipulation by Blackrock. Why to strengthen by inflowing into Blackrock so they can short and sell at the same time and only they will know when? Luckily there are other ETFs who don't do such thing.
COIN will tomorrow jump for another double digit %% !!! Crypto market is doing mind blowing gains and volumes! COINBASE is also custodian for most of BTC and ETH ETFs (biggest IBIT included). Daily volumes on these ETFs are actually absolutely crazy! BULLS are in total control. I love crypto bull markets, it's total euphoria!!!🚀🚀🚀