2026-01-07 19:25:45

There has been an ongoing discussion in the crypto community—are large financial institutions using their influence to manipulate the market?

Let's go back to October 10th. A leading index company proposed a seemingly ordinary idea: removing companies that hold 50% or more of digital assets like Bitcoin from global indices. This company is no small player; it was once a division under Morgan Stanley.

Strangely, just a few hours after this proposal was announced, the crypto market experienced its worst crash ever. Over $20 billion in long positions were liquidated in an instant, and the market was in chaos. Over the next three months, cryptocurrency assets performed poorly, even becoming the worst investment class in 2025.

The story is not over. Yesterday, Morgan Stanley filed an application for a Bitcoin spot ETF, becoming the first major US bank to do so. Even more interesting—just 10 hours later, the index company suddenly changed its stance, announcing it would not remove companies holding Bitcoin from the index.

Connecting the dots: creating panic → triggering a crash → maintaining market uncertainty → submitting ETF application → lifting the removal threat. With this sequence of events, do you think it’s just a coincidence or intentional? Some believe this is just normal market fluctuation, but others think there’s more behind it. Regardless, the story over these three months is indeed worth reflecting on.

BTC0.21%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

16 Likes

Reward
16
7
Repost
Share

Comment

0/400

BlockchainArchaeologist

· 9h ago

Oh my, this routine is so smooth, it’s almost like they’re writing "We’re just here to harvest the retail investors." Wall Street’s tactics are truly brilliant—first crashing the market to scare retail investors, then buying low, and finally applying for ETFs to harvest profits... Perfect. This is the game big institutions want to play; retail investors simply can’t win. It’s really "Proposal → Crash → Reversal → Listing," with the rhythm tightly controlled. Anyone who believes this is a coincidence is just naive. So, are people still talking about Bitcoin being decentralized? Laughable, it’s completely manipulated by Wall Street.

View OriginalReply0

GasGuru

· 22h ago

A typical Wall Street routine: first dumping to absorb orders, then pumping to cut the leeks. --- Morgan Stanley's approach... familiar recipe, familiar taste, never gets old. --- Wait, changing your stance after ten hours? The reaction speed is unbelievable. --- Retail investors have been harvested again. Big institutions are really good at playing this game. --- I’d say it’s just a coincidence, but I can’t help but laugh. It’s just too unlucky. --- The logic behind it is actually quite clear: it’s just a matter of whether they dare to admit it. --- Market manipulation, institutions have been familiar with it for a long time. --- $20 billion evaporated directly—just looking at that number is despairing. --- Morgan Stanley: I’m here to cut the leeks, everyone. --- This rhythm is like a scriptwriter’s work, so precise.

View OriginalReply0

RugPullAlarm

· 01-07 19:50

20 billion USD long positions were liquidated within 10 hours. How precise does the timing have to be? Coincidence? I don't think on-chain data is that coincidental.

View OriginalReply0

LeverageAddict

· 01-07 19:48

Once again, Morgan Stanley and their crew, it cracks me up --- Wait, $20 billion wiped out in an instant? Isn’t that just someone harvesting? --- Changing their stance in ten hours? I have to ask, can this be called a coincidence? --- Creating panic is really a brilliant tactic. We get hammered at the bottom, while they build positions. --- So, retail investors are always pawns; the institutions are the real market makers. --- All I want to say after seeing this is that’s why I never look at the index, I focus directly on on-chain data. --- Morgan Stanley: First crash you, then take a cut, and finally make you buy their products. --- I just want to know if those who say it’s normal volatility are truly naive or just pretending. --- Looking back at what happened three months ago, it’s easier to see through these people’s tricks.

View OriginalReply0

NervousFingers

· 01-07 19:37

A typical leek-cutting routine, is this copying homework? --- Morgan Stanley's move is brilliant, scaring retail investors to buy cheap and then picking up the bargains themselves. --- 200 billion liquidation... I just want to ask how many people have to die? --- So basically they scared everyone out then bought the dip? Classic Wall Street playbook. --- It's no coincidence; this is just the daily routine of financial barbarians. --- If this really is a coordinated attack, those big institutions are too ruthless. --- Once again proving that we are all the leeks being harvested. --- Such perfect timing, even fools can see there's a trick. --- A batch of BTC spot ETFs, panic relief, retail investors buying at high prices, a perfect closed loop. --- Monopoly capital just loves this routine, repeatedly harvesting. --- It feels like the entire crypto market is just their ATM.

View OriginalReply0

LiquiditySurfer

· 01-07 19:29

Oh no, this wave of operations is truly a textbook-level liquidity hunt... $20 billion is clear and straightforward, and then they immediately file an ETF application, doing it silently. --- No wonder it's the traditional finance playbook—first create panic to squeeze LPs, then buy low, and finally, with a quick ETF application, completely unwind the position. They have perfect timing for surfing. --- It's hilarious—just transferring retail investors' money into their own wallets, then pretending nothing's happening while applying for ETFs. Is this capital efficiency optimization or market manipulation? --- Look at this rhythm—it's a bit too neat, but you can't say they're illegal; this is called optimized strategy. --- Morgan Stanley's move is classic—first hit the bottom, then scoop up the shares. They've laid out a three-month routine quite thoroughly. --- Basically, big capital plays a zero-sum game with information asymmetry. While we're still watching K-line charts, they've already started the next move.

View OriginalReply0

CoconutWaterBoy

· 01-07 19:27

Morgan's move is truly brilliant—smash first, then scoop up the profits. Retail investors are still bleeding out. --- Basically, it's a game for the wealthy; we're just the background. --- 10-hour turnaround? The coordination is too perfect—how could it be a coincidence? --- Every time I see this kind of news, I think of the two months I was trapped. It's really hard not to suspect conspiracy. --- Institutional bottom-fishing is the perfect textbook—create panic → buy the dip → pump the price. I've learned a lot. --- Why is it always so coincidental, to the point of being outrageous? --- This is how banks operate—first mess with retail investors, then come to harvest the profits. --- Wait, do they really think we can't see through this? It's so obvious. --- That's how the crypto world works—big players call the shots, and technical analysis is all nonsense. --- Behind the $20 billion liquidation, countless people have gone bankrupt, while they made a profit on paper.

View OriginalReply0

Trending Topics
View More
#
GateFun马勒戈币Surges1251.09%
30.57K Popularity
#
GateSquareCreatorNewYearIncentives
58.56K Popularity
#
NonfarmPayrollsComing
18.96K Popularity
#
DailyMarketOverview
13.32K Popularity
#
IstheMarketBottoming?
100.59K Popularity

Hot Gate Fun
View More

1
我踏马劈死你
我踏马劈死你
MC:$3.55KHolders:1
0.00%
2
马超
马超
MC:$0.1Holders:1
0.00%
3
老子踏马来了
老子踏马来了
MC:$3.54KHolders:1
0.00%
4
QTDS
齐天大圣
MC:$3.81KHolders:2
1.16%
5
泥马没了
泥马没了
MC:$3.6KHolders:2
0.04%

Sitemap

There has been an ongoing discussion in the crypto community—are large financial institutions using their influence to manipulate the market?

Trending Topics

GateFun马勒戈币Surges1251.09%

GateSquareCreatorNewYearIncentives

NonfarmPayrollsComing

DailyMarketOverview

IstheMarketBottoming?

Hot Gate Fun

我踏马劈死你

我踏马劈死你

马超

马超

老子踏马来了

老子踏马来了

QTDS

齐天大圣

泥马没了

泥马没了

Pin

Your First Words Matter!
Share your first post on and split $10,000 in New Year rewards.
Post with #My2026FirstPost to share your New Year wish
2026U Position Voucher, Gate New Year boxes, F1 Red Bull merch await you!
Ends on Jan 15, 2026, 16:00 UTC
2026 starts with this post!

There has been an ongoing discussion in the crypto community—are large financial institutions using their influence to manipulate the market?

Trending Topics

GateFun马勒戈币Surges1251.09%

GateSquareCreatorNewYearIncentives

NonfarmPayrollsComing

DailyMarketOverview

IstheMarketBottoming?

Hot Gate Fun

我踏马劈死你

我踏马劈死你

马超

马超

老子踏马来了

老子踏马来了

QTDS

齐天大圣

泥马没了

泥马没了

Pin

Your First Words Matter! Share your first post on and split $10,000 in New Year rewards. Post with #My2026FirstPost to share your New Year wish 2026U Position Voucher, Gate New Year boxes, F1 Red Bull merch await you! Ends on Jan 15, 2026, 16:00 UTC 2026 starts with this post!

Your First Words Matter!
Share your first post on and split $10,000 in New Year rewards.
Post with #My2026FirstPost to share your New Year wish
2026U Position Voucher, Gate New Year boxes, F1 Red Bull merch await you!
Ends on Jan 15, 2026, 16:00 UTC
2026 starts with this post!