There's something weird in the chart though.
A huge volume in selling (around 5 millions), but only a 50% drop in price.
Someone is buying silently.
let him/her buy silently
i dont think anyone buys this even if there happens a pump
so if there is any buyer, it myt be someone trying to resurrect the project to get more advantages of high price
dont bite the trap
yeah i agree with you,
i ever saw something like this before,it's like someone bought it silently but the truth is he/she is the only one who bought it or sold it.
he/she did that to create an opportunity for themself so they could get rid of it.
beware,do not fall for it and always learn from your mistakes
he/she did that to create an opportunity for themself so they could get rid of it.can you please explain this one?
for example you own 10.000.000 eBTC in your wallet.
with that you can dump the price to around $0.05(30% from your total token in your wallet).
afterward he/she put his/her own buy orders and sell it directly to that orders.
(buying and selling to their own orders)
he/she keeps doing that 5 times,
because of that total eBTC volume is increasing and people think it's already bottomed and put some of their money into it.
and you should have know what will happen right ?
i knew it because i was the victim before.
i lost nearly 70% from my initial value/capital because of those scheme before.
I can't believe that someone who has millions of eBTCs is manipulating the price lower.
eBTC has been trending lower for days.