I spent quite a while chatting about this one with friends in the group: Specter: InfoFi project BILL is suspected of being a scam, with its token down about 97% from its peak.
Bearish news isn’t that scary; what’s scary is holding a heavy position while it’s still unfolding.
After spending long enough in this market, you realize there’s a layer of capital flows between news and price.
$BILL is now at 0.00625, down 13.19% on the day.