2 flash crashes last night about 800 points each and then a 1000 pt today? Do you know how much capital it would take to do that? Is the government testing the market to determine things like the effect of cash inflow/outflow? To provoke chaos in general to scare people away? To setup a master plan for long term damage to the market?
I thought last night was crazy. but today??
These moves represent less than 10% of market value, they're typical for Bitcoin. In theory it's the same quantity of voins being bought/sold, you just have a greater base huying and holding, which is driving market value up overall.
The volume moving is no different than what creates a $400 swing off a $5000 base.
I don't think any unusual activity is going on.