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I don’t like debate—because you can never wake someone who is pretending to sleep.
That said, clarifying the facts matters. For the record:
1.BTC began declining roughly 30 minutes before the USDe depeg.
This exactly supports the earlier point: the initial move was a market shock.
Absent the USDe leverage loop, the market would likely have stabilized at that point. The cascading liquidations were not inevitable—they were amplified by structural leverage, as explained previously.
2.Dragonfly has never been an investor in OKX—neither a minor nor a major one.
In fact, OKX invested in Dragonfly before @hosseeb joined the firm.
Separately, one partner’s previous fund (not Dragonfly) invested in OKX. These are distinct and easily verifiable facts.
3.I will not spend further time on this topic.
The facts are clear. I do not intend to engage in extended debate.

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