I feel that the current "hostility" is a bit too heavy. I spent my own money to buy bitcoin:native, whether I gain or lose is my own business, yet many friends keep making sarcastic remarks. I didn't ask you to buy; it's my choice to play the fool, and without such foolish players like me, how can you demonstrate how amazing you are, right?

What’s even more ridiculous today is that many friends asked me if Binance plans to crash the market to supplement stolen funds by liquidating investors' positions. I am truly speechless; if you think about it a bit, it’s obvious that the industry needs to be doing well for exchanges to profit. If the industry is in shambles, who would trade cryptocurrencies?

Just look at Coinbase's financial reports; exchanges usually make the most profit during a bull market. The more bearish the market, the less profit exchanges make.

Most importantly, this morning I didn’t sleep and released a lot of data, which first proves that the crash is not from long-term holders but from short-term holders taking losses. In other words, Binance itself bought BTC, intentionally letting the market crash. You should know that today, the entire market saw less than $100 million in liquidations.

Moreover, looking at the trading volume, the ratio of Binance to Coinbase's trading volume remains the same as before, and neither Binance nor Coinbase has seen a sudden increase in trading volume.

Most importantly, this way of crashing the market is too cost-ineffective; the expenditure and the gains are not proportional. 😂😂

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