Upbit listings often followed by sharp Bitcoin drops, analysis shows

According to the Telegram crypto channel "㈜ 청년열정마라과즙벌꿀집민트초코," an analysis of 16 recent Upbit Exchange listings, from Ethereum Name Service (ENS) on July 9 to Safe (SAFE) on Oct. 24, reveals a pattern of Bitcoin price dropping shortly after the listing announcements. Charts show either immediate declines or brief increases followed by sharp falls within 24 hours.