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Good question

Because it sounds like and it looks like a lot of people got wrecked Betting that at 118, we were gonna go higher. And Treasury companies aren't doing that well and people want the money now. So everyone's crying. 🤷🏽‍♀️🙃

Boredom.

I mean I raised a drink to cheaper Sats last night with the two guys I orange pilled over the last year.

They are new to the game,, yes and boredom.. and interest in coordinated mass market manipulation..

In terms of liquidations it was 10x the size of FTX with a lot of altcoiners going to 0 (close to 2 million accounts). People are worried it isn't over since a lot of futures activity is through Black Rock now ... Could see more impact when the market re opens

yeah but percentage drop was what 10/15%? we already had many of those during this last year. I personally was already expecting something like this since this last pump

If it stops here sure ... The wipeout in Alts was different than the other drops this year. It was 70%-100%. So the fear people have is this reaches some bigger funds that also hold Bitcoin and you start seeing bodies come up to the surface. Then it Cascades to others who had positions in those funds and then we would not stop at 15%. I'm not saying that's what will happen, just answering your question.

yeah makes sense thanks for your input