From Binance:
https://www.binance.com/en/how-to-buy/ibtc$ 0.0001114 USD
-8.24%
(24H)
The live price of iBTC is $ 0.0001114 per (IBTC / USD) today with a current market cap of $ 5,568.54 USD. 24-hour trading volume is $ 0 USD. BTC to USD price is updated in real-time. Bitcoin is -8.24% in the last 24 hours. It has a circulating supply of $ 49.99M.
It doesn't make sense both are down by 8.24% as if it's pegging BTC not its inverse?
iBTC is a token from the Synthetix protocol, what you've found shows people don't trust this protocol and this product especially. They are obviously trying to leave their funds from this asset, which causes this depegging, it could be the first signal of a crash like UST from Terra has encountered.
iBTC is an inverse synthetic Bitcoin token enabled by the Synthetix protocol. It inversely tracks the price of Bitcoin through price feeds supplied by Chainlink’s decentralized network of oracles. It can be traded without slippage for other assets native to the Synthetix protocol at Kwenta or Synthetix.Exchange.
https://coinmarketcap.com/fr/currencies/ibtc/