These dips aren’t coming from people selling Bitcoin.
They’re coming from stablecoin denominated shorts.
Here’s what most people miss:
When dollar or stablecoin leveraged shorts flood the system, market makers don’t just “let price move.”
They’re forced to stay neutral. To balance that exposure, they sell spot BTC.
Not because they’re bearish but because the plumbing demands it.
So price drops without fear, without panic, without real spot exit.
The US doesn’t need to dump assets. It exports dollars.
Those dollars become leverage. Leverage creates synthetic pressure. Synthetic pressure forces hedging. Hedging hits spot.
That’s the loop.
This is why sell offs feel empty now. Retail already left.
And now we are rebalancing in a system priced against a weakening currency.
All markets are now denominated in something that’s losing purchasing power.
That’s why volatility keeps increasing even when conviction doesn’t change.
This isn’t a bear market. It’s clearing the LPs.
And that’s how they buy your bitcoins cheap without ever owning Bitcoin.
