The Bit Short: Inside Crypto’s Doomsday Machine

Prologue: Tether & company

The trade

The HODL

The shock

Source: Coinlib BTC.
Source: Coinlib ETH, LTC, ADA, and BCH.

The panic

Source: Coinlib Coinbase Pro data.
Source: Coinlib Binance data. (Note: Excludes Binance US.)
Source: Coinlib Bit-Z data.
Source: Coinlib HitBTC data.

The deep dive

Source: Coinmarketcap USDT.
Source: Coinmarketcap BTC.

The exit

The epiphany

The smoking gun

Source: Travis Kimmel via Twitter.
Source: Travis Kimmel via Twitter.
Source: Anti-Washing Center via Twitter.

The big picture

Epilogue: In the land of the blind

Can we break this fraud right now?

How can we stop this from ever happening again?

Why did I write this?

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