Mike Alfred: Someone is trying to push down the price of bitcoin through derivatives and scare investors into selling

Jinse Finance reported that Mike Alfred, founder of Alpine Fox LP, stated, "Institutions are sparing no effort to manipulate derivatives such as perpetual contracts and futures, attempting to suppress the price of bitcoin and intimidate investors into selling. This is one of the biggest scams in the market." Tom Lee, Chairman of BitMine, reposted and expressed agreement.