I belive it was one of the triggers that caused this dump.
I think it is more of the BCH war going on and the Sharkpool. Bakkt and SolidX ETF was just postponed and would still be continued after a while so short terms traders are only bothered by that while that Sharkpool emptying blocks is cumbersome (
TwitterProfile), and that Craig Wright bitcoin dump he always tell (
Preference). Bear market still continues and all of that bad news might also be a factor why this "dump" is happening and still happen to continue, one thing I am sure is all of this would be part of history, sit back relax and enjoy LOL