BlockBeats News, January 31st, OKX Star retweeted CZ’s previous tweet and responded, I don’t like debates—because you can never wake up someone who’s pretending to be asleep. That being said, clarifying the facts is crucial. Record as follows:
1. Bitcoin started to drop approximately 30 minutes before USDe’s unpegging. Without the USDe leverage loop, the market would likely have stabilized by then. The cascading liquidations were not inevitable but were amplified by structural leverage.
2. Dragonfly has never invested in OKX—whether small-scale or large-scale. In fact, OKX had previously invested in Dragonfly.
3. I will not spend any more time discussing this topic.
