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.

Twitter

Crypto-native brand Pudgy Penguins is hosting a pop-up Valentine's Day event in New York City, complete with a plush bouquet.

Pudgy Penguins Hit New York City With Valentine's Day Pop-Up Event

In its assessment of the potential impact of quantum computers on Bitcoin, cryptocurrency asset management company CoinShares stated that the threat is not a “near crisis” but a “manageable risk.”
Acc...

Can Satoshi Nakamoto’s Bitcoin Passwords Be Cracked? Is This Why the Market Is Falling? Analysis Company Reveals the Truth

Renowned crypto investor Jack Yi used Aave revolving lending to build a $2 billion ETH position, only to see it crumble during the market crash [...]
The article, "Yi Lihua Completely Sells Off ETH! Trend Research Sells 650,000 Ethereum in a Week, Losing $730 Million," was originally published on BlockTempo, the most influential blockchain ABMedia media.

Yi Lihua completely liquidated his ETH holdings! Trend Research reportedly sold 650,000 Ethereum in a week, incurring a loss of $730 million before exiting the market.