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I tried to sort out the entire process of the event, and it feels a bit terrifying upon closer inspection. Why would a Whale so accurately seize this major fall in the market? Why was WLFI the first to show a Long Wick Candle? Why was the attack launched at the moment when the sentiment in the crypto world was at its most FOMO? Why did it happen while the crypto world was sleeping soundly? All of this seems like a meticulously designed conspiracy.
Whale opened a short position
WLFI first Long Wick Candle
The big coin starts to have a straight Long Wick Candle.
The imitation follows the straight long wick candle.
USDE BNSOL WBETH starts Long Wick Candle
Chain liquidation crash
Exchange downtime