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by b9a2cab5 1706 days ago
Presumably they short the shit out of Tether and related stablecoins before they release the information they get. It's certainly for their own gain.
1 comments
toomuchtodo 1706 days ago
As qeternity pointed out in a comment [1], you want your trade to play out in a dollar denominated, clearinghouse backed financial product. You don't bet against the house in their casino (crypto exchanges), such as shorting tether.

[1] https://news.ycombinator.com/item?id=28794377

(not investment advice, educational purposes only)

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WalterSear 1706 days ago
I would hazard they are planning to target the BTC Futures ETF that opened this morning.
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