What if we’re being played by exchanges?

What if… Coinbase/Kraken/Crypto.com, etc.

Don’t buy the coins when you “buy” on their site

Don’t sell the coins when you “sell” on their site

What if these sites take your order and adjust your ledger but don’t make the actual purchase/sell orders?

What if they waited for a backlog of orders so they could intentionally manipulate the price?

What keeps them from intentionally liquidating leveraged positions by their own movements?

What if the biggest whales are these exchanges?

What if the whales are the ones who manipulate the price the most?

What if the call is coming from inside the house?

Would we create a squeeze if everyone moved coins to wallets?

This thought hit me last night snd kept me up for a while.