Hello,
I heard that there is a whale that moved 8k BTC to an exchange and that what caused the price to go down in addition of Stop-Losses being triggered.Is that true?What do you think? If it's true I consider it to be a big problem as we clearly see that whales manipulate the market easily which is harmful.
I think this does not affect much to the market price of bitcoin just transferring a amount like 8K BTC will be just a normal trade in the list. The most amount of effect on the price of bitcoin appears only when a large number of community invests in it or sells it a single person cannot manipulate the market and cant make such a sudden change.
Market is Volatile, anything can happened at any given time at the market trading, Movement of 8k of Bitcoin is just a fraction of the volume of trading investment in Bitcoin, this does not affect in any way or what so ever on the price value of Bitcoin, there are a lot of indicators that contribute to the price movement, like, the issue on Scammer, Banned, Hacking, and the never ending issue on Regulation, not to mention the market trends, market structure, over all situation of the market.