This is really fcked up.
Every day or two, a coin randomly crashes 90%, and there's no accountability from exchanges or the project.
And then we wonder why retail isn't coming to crypto.
BREAKING:
๐บ๐ธ President Trump says Iran has informed the US they are in a "State of Collapse" and want the Strait of Hormuz reopened.
Trump says he believes Iran will be able to figure out their leadership situation.
๐จ IS JPMORGAN MANIPULATING SILVER AGAIN, JUST LIKE IT DID IN THE PAST?
We just the largest intraday crash in silver since 1980 where price fell -32%. In just two days $2.5 trillion was wiped out from silver and are speculating that JPMorgan was behind this crash.
It is the same bank that was fined $920 million by the U.S. Department of Justice and the CFTC for manipulating gold and silver prices between 2008 and 2016.
That case involved hundreds of thousands of fake orders placed to move prices before being canceled. Several JPMorgan traders were criminally convicted. This is documented history, not speculation.
Now look at how the silver market works today.
Most silver trading does not involve real silver. It happens through futures contracts. For every 1 ounce of real silver, there are hundreds of paper contracts tied to it.
JPMorgan is one of the largest bullion banks active in this market and one of the largest participants on COMEX. According to COMEX data, JPMorgan is also one of the largest holders of registered and eligible physical silver, giving it influence on both the paper side and the physical side of the market at the same time.
Here is the key point most people miss:
Who benefits when prices fall fast in a leveraged market?
Not the small trader. Not the hedge fund using leverage. The one who can survive margin calls and buy when others are forced to sell.
That is JPMorgan.
Before the crash, silver was pumping very fast. Many traders were long silver using borrowed money. When prices started falling, those traders did not choose to sell. They were forced to sell because exchanges demanded more margin.
At the same time, exchanges raised margin requirements sharply. This meant traders suddenly needed much more cash to keep their positions open. Most could not. Their positions were closed automatically.
This created forced selling. Now here is where JPMorgan benefits.
When prices are collapsing and others are forced to sell, JPMorgan can do three things at once:
FIRST, it can buy back silver futures at much lower prices than where it sold earlier. That locks in profit on paper.
SECOND, it can take delivery of physical silver through the futures market while prices are depressed. COMEX delivery reports during this period show large banks, including JPMorgan, actively stopping contracts and taking delivery while prices were under pressure.
THIRD, because JPMorgan has a massive balance sheet, margin hikes do not force it to sell. Margin hikes actually remove weaker players and leave JPMorgan with less competition.
This is why people are directly accusing JPMorgan of causing the silver crash.
COMEX delivery data shows JPMorgan issued 633 Feb silver contracts right during this crash.
Issued means JPMorgan was on the short side of those contracts. The claim is simple: JPMorgan opened shorts near the $120 top and closed them near $78 during delivery.
That would mean JPMorgan made money on the crash while others were forced to liquidate, which is why people are openly saying this move was not random.
Now look at the global picture.
In the US paper market, silver prices collapsed. In Shanghai, physical silver is trading far higher than US prices.
That means real buyers are still paying up for silver. Only the paper price collapsed.
This tells you the crash was not caused by physical supply suddenly appearing. It was caused by paper selling.
This is exactly the type of environment where JPMorgan has benefited before. A paper heavy market, forced liquidations, margin hikes, and weak players exiting at the worst time.
No one needs to prove JPMorgan planned the crash to understand the problem. The structure itself allows the biggest players to profit when volatility explodes.
And when a bank with a documented history of silver manipulation, people are right to ask questions.
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The next billion-dollar coin wonโt be a frog, a dog, or another recycled meme.
That era is over.
This cycle is about AI, Gaming, RWAs, Gambling, and new utilities.
It wonโt be a joke.
It wonโt be a copy.
Itโll be a movement.
A cult with conviction.
And conviction is what mints billionaires.
MASSIVE: ๐บ๐ธ YouTube admits the Biden administration pressured the company to ban american accounts for speaking out against them.
This is why Elon musk bought twitter to restore the free speech.