could it be Binance selling customer BTC to prop tether, like bitfinex does?
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I actually think it's quite possible Bitfinex could be settling Tether holders with Bitcoin, instead of Dollars. In theory, they would be short on Bitcoin, but then they could let the price crash, and hopefully buy the bitcoins they're short by at much lower rates.
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That would still result in those redeemed BTC sold for Fiat on another exchange, driving the price down on FIAT exchanges. Unless they include all the holders in the Scheme. Which would be an epic Michael Lewis book in the making.
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People with bigger brain never used Bitfinex.
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Nobody ever went poor underestimating peoples stupidity.
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@cz_binance mentioned those movements prior they happened, please do your research before retweeted FUD
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How is this hard to grasp
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The mother off al dips is coming.
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He did announce it, but it's weird though that almost exactly the same amount left bitfinex's wallet in the past month. That seems like a pretty big coincidence.
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Maybe for Liquid sidechain?
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Possible. Though i doubt you'd throw so many BTC at liquid this early in its life. If a bug occurs and permanently locks the pegged BTC in a contract then they're gone.
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