While yes, of course any asset in the world is vulnerable to market swings, you can't really call the Bitcoin scenario a "bank run" in the same way as with UST/

While yes, of course any asset in the world is vulnerable to market swings, you can't really call the Bitcoin scenario a "bank run" in the same way as with UST/Luna (where there actually exists an issuer and a smart contract acting "bank" where people exchange collateral for tokens).