According to @CryptoMichNL, the rise in Japan’s 10-year government bond yield is backfiring on crypto and is not great for BTC and altcoins; source: @CryptoMichNL, X, Nov 20, 2025. According to @CryptoMichNL, DATs are unwinding based on the current valuation of BTC, accelerating the market’s downfall; source: @CryptoMichNL, X, Nov 20, 2025. According to @CryptoMichNL, a large proprietary firm or market maker may be selling off after going bankrupt on October 10, with details potentially surfacing months later similar to the FTX situation; source: @CryptoMichNL, X, Nov 20, 2025. According to @CryptoMichNL, these moves are among the wildest he has seen in nine years, comparable to the FTX period, and he advises traders to stay safe as markets behave irrationally; source: @CryptoMichNL, X, Nov 20, 2025.