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RE: Is The Crypto Low Ending? Here Are My Thoughts:

in #cryptocurrency7 years ago

I reckon it was the big guys on Wall St. I imagine lots of people shorted bitcoin (probably more than long), all the banksters need to do is dump a massive amount of money on bitcoin and they liquidated all those positions, netting them millions.

One thing is for sure, it was definitely a huge whale/group of whales.

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I highly agree with that Sisy.