/biz/ - Business & Finance

Anonymous Sat Aug 19 11:37:54 2023 No.55884084 [View]
File: 90 KB, 1396x992, F30pW1ZXsAI75qs.jpg [View same] [iqdb] [saucenao] [google]

>>55884072
There is a reason $BNB has not dropped below $212.

Binance has a $BNB backed loan liquidating at $212 down from $220 after margin was added in June.

Rationale:

-
@cz_binance
is in self preservation mode selling BTC from the bc1qm34lsc65zpw79lxes69zkqmk6ee3ewf0j77s3h wallet for TUSD and buying $BNB to save his exchange chain from a fatal margin call.
- US regulators are selling down the US Marshals holdings to force liquidate $BNB loan to drive
@cz_binance
out of the industry. Cat and mouse game.

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