No, this is the anatomy of an off-chain price manipulation of a private futures market that exchanges something that is tradeable for Bitcoin. It used to be fun

No, this is the anatomy of an off-chain price manipulation of a private futures market that exchanges something that is tradeable for Bitcoin. It used to be funny but now it's just sad seeing everyone confused about the difference between bitcoin and third party markets. Only a vanishingly tiny fraction of this actually has any representation on the bitcoin blockchain. It's like buying stolen Tide detergent out of the back of a shady car in the parking lot of the actual grocery store then complaining about the grocer when you get home and it's watered down. This is the normal finance people with their normal scams manipulating private enties like Binance which are vagely associated with Bitcoin. The finance people and the public at large cannot see bitcoin as anything other than an investment and that perception blinds them.