Silver dumped 47% in an effing week. Bitcoin crashed on the exact same day. Speculation: Hong Kong hedge funds running levered IBIT options with borrowed Japanese yen also went mega-long on silver. Yen carry trade unwound = forced liquidations across both. Explains the "orderly" selling and why IBIT had its biggest volume day ever. Some fund(s) just got absolutely rekt Wild if true. Bullish if over.(Lark Davis)