2026-01-07 19:25:45

There has been an ongoing discussion in the crypto community—are large financial institutions using their influence to manipulate the market?

Let's go back to October 10th. A leading index company proposed a seemingly ordinary idea: removing companies that hold 50% or more of digital assets like Bitcoin from global indices. This company is no small player; it was once a division under Morgan Stanley.

Strangely, just a few hours after this proposal was announced, the crypto market experienced its worst crash ever. Over $20 billion in long positions were liquidated in an instant, and the market was in chaos. Over the next three months, cryptocurrency assets performed poorly, even becoming the worst investment class in 2025.

The story is not over. Yesterday, Morgan Stanley filed an application for a Bitcoin spot ETF, becoming the first major US bank to do so. Even more interesting—just 10 hours later, the index company suddenly changed its stance, announcing it would not remove companies holding Bitcoin from the index.

Connecting the dots: creating panic → triggering a crash → maintaining market uncertainty → submitting ETF application → lifting the removal threat. With this sequence of events, do you think it’s just a coincidence or intentional? Some believe this is just normal market fluctuation, but others think there’s more behind it. Regardless, the story over these three months is indeed worth reflecting on.

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RugPullAlarm

· 01-07 19:50

20 billion USD long positions were liquidated within 10 hours. How precise does the timing have to be? Coincidence? I don't think on-chain data is that coincidental.

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LeverageAddict

· 01-07 19:48

Once again, Morgan Stanley and their crew, it cracks me up --- Wait, $20 billion wiped out in an instant? Isn’t that just someone harvesting? --- Changing their stance in ten hours? I have to ask, can this be called a coincidence? --- Creating panic is really a brilliant tactic. We get hammered at the bottom, while they build positions. --- So, retail investors are always pawns; the institutions are the real market makers. --- All I want to say after seeing this is that’s why I never look at the index, I focus directly on on-chain data. --- Morgan Stanley: First crash you, then take a cut, and finally make you buy their products. --- I just want to know if those who say it’s normal volatility are truly naive or just pretending. --- Looking back at what happened three months ago, it’s easier to see through these people’s tricks.

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NervousFingers

· 01-07 19:37

A typical leek-cutting routine, is this copying homework? --- Morgan Stanley's move is brilliant, scaring retail investors to buy cheap and then picking up the bargains themselves. --- 200 billion liquidation... I just want to ask how many people have to die? --- So basically they scared everyone out then bought the dip? Classic Wall Street playbook. --- It's no coincidence; this is just the daily routine of financial barbarians. --- If this really is a coordinated attack, those big institutions are too ruthless. --- Once again proving that we are all the leeks being harvested. --- Such perfect timing, even fools can see there's a trick. --- A batch of BTC spot ETFs, panic relief, retail investors buying at high prices, a perfect closed loop. --- Monopoly capital just loves this routine, repeatedly harvesting. --- It feels like the entire crypto market is just their ATM.

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LiquiditySurfer

· 01-07 19:29

Oh no, this wave of operations is truly a textbook-level liquidity hunt... $20 billion is clear and straightforward, and then they immediately file an ETF application, doing it silently. --- No wonder it's the traditional finance playbook—first create panic to squeeze LPs, then buy low, and finally, with a quick ETF application, completely unwind the position. They have perfect timing for surfing. --- It's hilarious—just transferring retail investors' money into their own wallets, then pretending nothing's happening while applying for ETFs. Is this capital efficiency optimization or market manipulation? --- Look at this rhythm—it's a bit too neat, but you can't say they're illegal; this is called optimized strategy. --- Morgan Stanley's move is classic—first hit the bottom, then scoop up the shares. They've laid out a three-month routine quite thoroughly. --- Basically, big capital plays a zero-sum game with information asymmetry. While we're still watching K-line charts, they've already started the next move.

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CoconutWaterBoy

· 01-07 19:27

Morgan's move is truly brilliant—smash first, then scoop up the profits. Retail investors are still bleeding out. --- Basically, it's a game for the wealthy; we're just the background. --- 10-hour turnaround? The coordination is too perfect—how could it be a coincidence? --- Every time I see this kind of news, I think of the two months I was trapped. It's really hard not to suspect conspiracy. --- Institutional bottom-fishing is the perfect textbook—create panic → buy the dip → pump the price. I've learned a lot. --- Why is it always so coincidental, to the point of being outrageous? --- This is how banks operate—first mess with retail investors, then come to harvest the profits. --- Wait, do they really think we can't see through this? It's so obvious. --- That's how the crypto world works—big players call the shots, and technical analysis is all nonsense. --- Behind the $20 billion liquidation, countless people have gone bankrupt, while they made a profit on paper.

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