Yesterday the daily volume of IDAX increased 5 times, while the price of a coin dropped to 15 cents.
Does someone sell a large number of coins?
I hope these coins are not from a hacked exchange?
The increase in daily volume is almost 5 times a rather negative indicator, provided that the price of the coin fell by 2 times
This is a very good question. I checked if there were transactions on the cold wallet of the Cryptopia exchange.
Now all the coins are on the wallet and no one has transferred them.
I don't even know if this is good or bad. It turns out this manipulation by the exchange, because I do not think that someone has so many coins to support such huge trading volumes