This is a very ignorant take. Americans always want to pin everything on a bogeymen. The largest beneficiary we know of in this liquidation event was an anonymous trader who shorted bitcoin on Hyperliquid just before Trump's tarrif announcement, and made 88M dollars.You think the Chinese did that ? If the Chinese wanted to nuke any market it would be equities.
Lordarminius
Programmer, Medical Doctor, Founder. Building the infrastructure for trust and document verification in Africa
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