the reason the suits are afraid right now is that they were SUPPOSED to see this coming
if you and I lose money in the markets, we are just retail investors that no one really cares about
if you are a well-known wall street analyst or a big time money manager responsible for the capital allocation of billions of dollars or you give advice to clients that buy your research on where to allocate those billions of dollars...
the number one phone call you have probably been getting this weekend has been faced with questions like "how did you not see this coming?" or "why are we paying you to beat the market if you can't see when things are about to go south?"
this is why the suits are absolutely freaking out right now
they had no clue (even though clients think they should have known about this given the premium they charge to manage capital) about how bad this would get
and now they are desperately trying to save the gains they made for their clients over the past few years
Retail is panic selling
While the big whales are loading
Up on cheap coins.
$5 Billion USDC minted this month.
Imagine the amount of wealth transfer
which is gonna happen in next 6 months