Am I only the one who noticed that some big holder of ardor trying to escape from it from 1st June on bittrex?
The price will go to zero soon (not to the moon)...
It seems that real investors don't believe in bright future of ardor...
All we have is posts that it's good project with great future, long term ivestment, bla bla bla...
But the price goes lower and lower..
Either someone wants to exit the market, or they want to manipulate the price lower. As to which it is, only the seller knows.
Based on the selling pattern, it appears to be manipulation. If you want to sell a lot of coins, you either dump (if you truly believe the entire crypto market is about to crash), or better yet, slowly sell over time to maximize profits. You don't set up big sell walls like we have been seeing.
That said, it could be a dump... but if so, he's doing it idiotically.