Chart KRE (regional bank ETF) against SIVB looking back the last year. You'll notice that SIVB starts to underperform the broader index around the Aug/Sept 2022

Chart KRE (regional bank ETF) against SIVB looking back the last year. You'll notice that SIVB starts to underperform the broader index around the Aug/Sept 2022 time-frame. (Underperformed by more than 30% between Aug-Dec 2022). This is a clear sign that not only insiders were aware by that time, but some savvy market participants were already betting against the company.