On December 8th, I posted this tweet. At that time, everyone was waiting for the December rate cut benefits. The probability was 92%, the highest consensus in history. Today, December 16th. 190,000 people got liquidated, and $670 million vanished into thin air. BTC dropped from 91,000 to 85,000. What exactly happened in these 8 days? Actually, nothing happened. Everything that happened was within expectations: • December 10th: 25bp rate cut ✓ •

BTC0,33%
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