Is Bitcoin Being Manipulated by Market Insiders?
Story Highlights
Within minutes of the ceasefire, $595 million in crypto positions were liquidated and over 70% were short sellers, not retail longs.
Wallets linked to Binance, Coinbase, Wintermute and Grayscale all moved in the same window.
Bitfinex margin longs are at their highest level in over two years and they haven't unwound yet.
Bitcoin surged above $72,500 within minutes of the ceasefire announcement on Tuesday. Wallets tied to Binance, Coinbase, Wintermute, and Grayscale all moved simultaneously. Then the price stalled and started pull