《BTC's Big Drop Might Be Due to IBIT Hedge Fund Leveraged Options Liquidation》 There's no direct hard evidence yet, but judging from the market situation, I think it's true. This wave just feels like there's an endless stream of coins being dumped without regard for cost. Not to mention a rebound, there wasn't even any consolidation. Looking at BTC's entire history, this is extremely rare. Especially the final accelerated drop to 60k, the overselling was extreme. That's why after the last drop this morning, I bought the dip with $ETH spot at 1850. https://(x.com)/Jiangzhuoer2/status/2019592381226709133 Opportunities like this probably only come once or twice a year. Since I saw it, it'd be a waste not to make some profit :)