I'll tell you what this looks like to me:

1. With FTX out if the game, by virtue of their volume and total control over BUSD issuance, Binance is in control of the price of BTC and ETH

2. Binance is wash trading using BUSD to keep the price stable while they short BTC and ETH https://t.co/OC2fkrc73u pic.twitter.com/ZoKNd8OzBO

— Cyprian (@cyprianous) November 12, 2022