Comment Bithumb (Score 0) 105
My guess of how the dominoes fell as worldwide BTC dropped from $80K -> $65K--
1) Bithumb, a South Korean company, screwed up by sending BTC instead of won to its accounts
https://ancillary-proxy.atarimworker.io?url=https%3A%2F%2Ffeed.bithumb.com%2Fnotic...
2) its users quickly sold 1,788 BTCs, which pushed the Korean bitcoin index down below $60K
3) IBIT then plummeted from the national selling
4) Blackrock had hedged IBIT
https://ancillary-proxy.atarimworker.io?url=https%3A%2F%2Fbitrss.com%2Fbitcoin-cra...
5) worldwide BTC dropped from Blackrock's loss