B3USD I keep seeing the rumor that Binance only listed this for futures and not spot because they’re trying to suppress the price by shorting heavily. Does anyone have any substantive proof of this?
The notion that Binance could control the price this way just doesn’t make any logical sense when you think about how markets work. Shorting a coin doesn’t automatically suppress the price. If anything, Binance would be taking on enormous risk using the approach and be far more likely to lose money than accomplish their supposed goal. If they really wanted to suppress the price, it would be far easier and much less risky to simply list it for spot trading and manipulate liquidity.