Samson and Jeff do a much better job than me explaining the “game within the game” I’ve talked about for a long time in TradFi Land.
The day-to-day fiat price of bitcoin is more about deep pocket players jockeying / managing risk.
If price starts tanking or ripping it thrusts them into delta hedging mode - turning them into agnostic buyers or sellers depending on MOMO direction.

Imagine that the 2/5 crash just happened for no apparent reason. The implications are huge and very bullish.
Everyone is theorizing about some HK entity that blew up, but it’s unlikely it would be kept so well hidden. I’d likely have heard about it by now. If @dgt10011 is right,  x.com/dgt10011/statu…

Samson Mow

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This trader made a total of 48 predictions of market movements within 15 minutes, earning a net profit of $80,000 in one day.

Earning $80,000 a day, this top player treats Polymarket like an ATM.

Original article | Odaily Odaily(@OdailyChina)
Author | Ethan (@ethanzhang_web3)
One night some time ago, I saw an interesting debate in a crypto trader group.
It all started when someone posted a screenshot of Nvidia's stock price breaking $190, captioned: "I told you guys to allocate some US stocks, now you regret it, right?" The group chat exploded instantly. Some complained about the hassle of opening a brokerage account, others grumbled about the agonizingly slow cross-border fund transfers, and still others simply said, "My USDT is just sitting in my wallet, I want to buy..."

From Bitcoin to Nvidia: How Gate is building an "all-in-one trading account" for the Web3 era?

The leading cryptocurrency, Bitcoin ($BTC), has fallen again after recovering to $70,000. Bitcoin is trading around $67,000, while Ethereum (ETH) is trading around $1,960, as US January inflation data...