It seems to me that such attempts to explain the situation retroactively have nothing to do with reality. I have not found a logical explanation for the fall in prices. It seems to me that only one explanation. Someone very influential with big money and opportunities is interested in reducing the price of bitcoin or Ethereum. I am generally concerned about the ease with which hackers break the exchange. Maybe there are no hackers?
I think for the last months' someone or a group of whales from Asia are in need to sell a large portion of their positions. Could be related to new KYC requirements from the exchanges. Every big exchange have changed the rules about this.
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Well if this is indeed,then maybe better for us to pray that this whales will return investing soon because lets accept the reality that whales are the most important people of crypto community .because these days they are the main reason why prices moving up and down,as the manipulation issue has been connecting unto them