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If you believe them you must believe that they've received $250 million dollars in the month of November alone.

This on a daily pattern that looks like a step function. Where could this money possibly be coming from? Anonymous millionaires?

Hedge funds, family offices, etc.. $250M isn't all that much. Arrington is trying to raise a $100M crypto fund, Novogratz is raising a $500M one.

Their market cap has gone up $68 million in the last 12 hours. If it's truly pegged doesn't that mean they've taken in $68M in that span of time?