Co-ordinated dumping my whales or financial institutions?
You have got it. By the way of the complicity of governments and mainstream media who together have started to attack Bitcoin in many different ways, such as the BS Indian news of today.
If there is an coordinated dumping from the whales then can we assume that they are the one who brought mislead information in the community about the news on India? anyway I saw a lot of articles/news about explaining that India will embrace the Blockchain technology so let's just wait a few hours or days then the market will recover after this FUD's.
Embracing blockchain technology is NOT the same as embracing Bitcoin. Why is this concept so hard for people to understand? This tells me that many of the people on the forum have never really thought about what purpose Bitcoin serves. They're just buying it because it's new and kewl, oh, and it's going to change the world! Gag me.