Maybe you guys already know this, but if someone doesn’t, here’s what happened according to an anonymous insider.
Credit to DuckyDuckDuck1000, taken from his post.
**This drop to 30k was an attempt to liquidate Justin Sun and has FAILED.**
If you’ve been keeping up with this, the drop was artificially created to liquidate 1 stakeholder of BTC so they could buy in at a extremely low price
I believe this person is Justin Sun (FOUNDER OF TRON) who has a $1B stake in BTC
There was a 2 min Window where liquidity protocol went into recovery mode and that $1B stake COULD OF been Liquidated BUT IT DIDENT HAPPEN
He rebalanced his TROVE and Paid back $300m of debt
This has been absolutely INSANE
Crashing the ENTIRE crypto market trying to liquidate one person is a crazy game to play.
Now supposedly, according to the same individual, there will be another attempt and this time they want to lower the price to 20k, I do not think they will do it because they were exposed, but if they dare please do not be scared, do not panic sell. Let’s not fall into the games of these greedy stupid people, let’s stay strong and united, we will defeat these idiots again if they dare.
Please share this message with everyone you know who is in this market, I wish you all the best!