13d • 💬 General Discussion
The Truth About CZ
If you’ve been watching the markets lately, you’ve probably noticed things feel... off.
That "happy guy" persona CZ has used for years is starting to slip, and it looks like we’re just being used as exit liquidity.
So here's what happened:
▶️ CZ spent weeks hyping Aster_DEX as the "Hyperliquid killer." It pumped 2,000%, but the second it hit Binance spot (Oct 6), the shilling stopped and the dumping began. It's already down 80%. Turns out the "team" is mostly ex-Binance staff and CZ's family office.
▶️ On October 10th, we saw the biggest liquidation event in history—$20B gone in hours. Right before the crash, massive "insider" shorts were opened on Hyperliquid. A few days later Trump pardoned CZ. The timing is way too perfect. It looks like a coordinated move to clear the deck.
▶️ Instead of the "Strategic Reserve" we were promised, we got Trump-family memecoins like $TRUMP and $MELANIA. They basically rug-pulled immediately. It feels like the fear of the US government is gone, and the big players are now just extracting value in broad daylight.
While tech and gold hit all-time highs, crypto is bleeding out because the "cartel" is extraction-focused now.
It’s worth reading the full breakdown of how this was coordinated here:
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The Truth About CZ
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