Makes Sense.
Though exact reason cannot be found out. We can only assume it happened in certain way.
RE: THE "TRUTH" BEHIND RECENT FLASH CRASH. Is dream of BTC reaching 100k usd this year over?
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THE "TRUTH" BEHIND RECENT FLASH CRASH. Is dream of BTC reaching 100k usd this year over?
I'm not sure if I agree with you @knowledgefruit
We're talking about transparent public blockchain, where all data are quite available. And we can sometime "connect dots".
Looking at the time of dump being executed and time of those 1500 bitcoins being sold - one can easily notice that it's exactly the same time-frame. For me it's quite obvious that this has been market manipulation by that one "whale" and he timed market very well. Triggering mass liquidations (which also followed right after that sale and brought price of BTC rapidly down within just few minutes).
Cheers, Piotr
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