Martino
Fri Jul 12 2024
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7 answers
1105
Did large sell orders cause bitcoin price crash?
Has the recent drop in Bitcoin's price been primarily attributed to the influx of large sell orders on cryptocurrency exchanges? Were these sell orders driven by market panic, profit-taking, or a strategic move by institutional investors? Did the size and frequency of these sell orders exceed the market's ability to absorb them, leading to a sharp price decline? Are there any indications that the selling pressure has subsided, or are we expecting further declines in the near future? What factors are analysts and investors watching closely to determine if this crash is a temporary correction or a sign of a more prolonged downturn?
