Bitcoin Selloff and IBIT Options, CyberKongz Death Star Targets Moonbirds
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Bitcoin Selloff and IBIT Options, CyberKongz Death Star Targets Moonbirds
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A long CyberKongz segment breaks down the “Death Star” mechanic. It also digs into why Moonbirds became the target, who benefits, who gets drained, and what changes if more collections get added. From there the show pivots into the market sell-off, tracking the BTC drawdown and bounce through the lens of leverage and positioning. The conversation zooms in on ETF plumbing and IBIT options as part of the volatility story, plus how “margin call” narratives get misread when people do not understand the structure. It closes on a simple takeaway that learning the plumbing matters if you want to navigate these moves with confidence.
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