I feel like Crypto Exchanges are manipulating the price.

Obviously I know there’s many of you who are holding for 50 years+ and don’t care about price action, but for those who do, I feel like most are getting emotionally wrecked. Not by individual whales, but by Crypto Exchanges.

1. Leverage Trading

The Options market of Crypto Currency. This is when people are going long/short betting on the price movement of a crypto. Using 1x up to 100x leverage, the gains can be enormous or horrendous.

Being unregulated, my theory is whenever the markets get extremely hot whether there’s a bunch of people go long/short, there’s always a massive pump or dump. During this time, some if not most exchanges are usually down and you cannot buy (unless you have Buy orders set).

What this does is liquidate the entire side of traders (short or long). The funny thing is after these massive dumps, most is bought back up within minutes or seconds. Leaving me to think it’s the exchanges liquidating people for profit, selling their crypto for profit, and buying it back cheaper while they’re not letting you buy.

Binance has done this many times. A few months ago on their exchange, BTC dropped to 10k for a split second, no buy orders set that low got filled. Shorts were liquidated though.