When vehicles are created to short crypto you can bet there will be manipulation on the short side. This is why it's relevant according to my experience and the experience of others, see:

https://en.wikipedia.org/wiki/Patrick_M._Byrne

https://www.businesswire.com/news/home/20061004005632/en/Cal...

I also trade crypto. Just trying to provide insight that might protect a few people related to my first hand experiences in the traditional financial markets running a public company in the OTC markets.