The Bitcoin market cap is much larger than the Ethereum market cap. If they can manipulate the Bitcoin price, they must be very rich.
They don't have to be mega-rich, they took in 30,000 BTC in the IPO. It only takes doing an orchestrated dump of a few batches of 1000 BTC back to back to temporariily drop the BTC price $5-10. Just enough to give the fake appearance of BTC weakness and IPO scamcoin strength while they pump the IPO scamcoin at the same time.