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In The Media

Bloomberg Crypto And CNBC Crypto Experts Claim One Whale Manipulated Price to $20,000

by Larry Chiang on November 6, 2019

By Larry Chiang
Reading the source code is important. The source is not a summary. The source code is vast and detailed
Here is the summary that is wrong


Bloomberg Crypto (@crypto)
A lone whale was behind Bitcoin manipulation in 2017, Texas academic says bloom.bg/33fzIz4 pic.twitter.com/ltUY0u8ZAG
Here is the white paper written by University of Texas and Ohio State University professors
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john griffin amin shams bitcoin 
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Demonstrably false, as the price of Bitcoin in USD was thousands higher on retail dominated exchanges than on Bitfinex during the peak.  

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“The blue line (Best bid) in this CoinRoutes graph is almost all retail dominated exchanges and the orange (best offer) is mostly Bitfinex.”


– David Weisberger


David Weisberger (@daveweisberger)
??@APompliano?? Demonstrably false, as the price of Bitcoin in USD was thousands higher on retail dominated exchanges than on Bitfinex during the peak. The blue line (Best bid) in this CoinRoutes graph is almost all retail dominated exchanges and the orange (best offer) is mostly Bitfinex. pic.twitter.com/7QRPUnzD2E


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