Bitmex manipulation

It wasnt some bullwhale, it was obviously BitMex saving themselves from making their company die

Then BitMex has a coordinated ddos (distributed denial of service attack) which shuts down the site and price dumps trapping longers underwater

And all of this a few hours before the ETF denial will happen. BitMex know just like most ppl know that the ETF will be denied. Shorts already at ATH with an almost guranteed dump after the ETF denial would mean BitMex has to take money from their own insurance fund since majority of positions (shorts) are in profit which i would guess they don’t want. So therefore they removed a big part of shorts from the markets and made them scared + removed longers and made them scared so that people would be scared of trading the ETF news.

*Post credit goes to CS team