This is all Bitmain. The biggest whale. Can turn market wherever direction it wants to.
Feel the wrath of Bitmain!
Whale?

According to their pre-IPO deck (has it been confirmed? proudhon??) they went from
BTC36.877 in Dec to 22.082 in March. That's 3months or 90 days. That means they're burning through
BTC164 per day ((36877-22082)/90) at this rate they'd have enough for 134 days (22.082/164) that would last them till August 12th

thnx for playing
Its true bcash did not turn the way Bitmain wanted it but I would rather not underestimate the machinery of Bitmain.
They have asic miners on almost all coins, disclosed and covert. I can only imagine the
control they have on the entire crypto space.