Cryptocurrency institutions will most likely be rushing to pump up the price before the year-end to smooth out the impact of the events of two months ago on their profit curves. Only in this way can they provide a satisfactory explanation.
For institutions, their annual profit curves must look good; otherwise, they can't explain themselves to limited partners (LPs), clients, and their bosses.
Institutions manipulate the market, simultaneously pumping up prices to collect year-end bonuses from retail investors, and also spending money to appease those who benefited from that incident. This is the ultimate inside story.
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