This is so memorable... A forced rally during a bear market downturn... BTC holdings accounted for more than half, everyone was watching this guy with 50,000! Back then, I thought, BitMEX hedging short positions, OKX withdrawing margin to actively liquidate... Honestly, I was blown away by this clever maneuver of actively bursting the bubble to reduce losses, I learned a lot o(￣▽￣)d They were definitely manipulators, transferring risk to the exchange and retail bulls, a move that amazed everyone... However, Bitcoin was indeed easy to manipulate back then. The market didn't have ETFs or BN contracts back then, CME wasn't mature... So, money talks. You can see that many of the rallies during the 2018 bear market were driven by these big players... Back then, I was still 200,000+ in debt 😭😭😭 I was so envious of these manipulators. I also wanted to be one of them with 500 Bitcoins held by OKX 😭😭😭

mp.weixin.qq.com/s/PGomXFPaefl...… This article on Coin.com once taught you a lot about trading... In this market, what you see is probably just the tip of the iceberg... Those 500+ BTC were spread out and the losses from liquidation were wiped out... Resurfacing now after seven or eight years, does this mean we've already lost everything in this bull-bear cycle? 🙂🙂 Therefore, you'll see even more chaotic things in a bear market...