that's right, they panicked because the matic Network Foundation sent a large number of tokens to binance, even though it was to be liquidated and based on ceo binance also said that on his twitter the matic team did nothing about the big dump. so it's likely a good opportunity to buy and it will recover
If so, then I made a purchase, I'm afraid the foundation tokens will be sent to Binance and then sold later and why should this be sent to Binance, of course many are panicking and this can be assumed that the Matic team mass-sold the matic to Binance so many are panic so many are selling at low prices.
I saw on Twitter that it was because one of The tweet created the FUD, which caused the whales panic to sell in large numbers. but in the end, he clarified and apologized about the tweet that created the FUD. if see a sufficient number of tokens it is indeed terrible when experiencing a very high increase, anything can happen, because altcoins are vulnerable to the pump and dump scheme.
maybe that's one way how bitcoin can continue to grow what if there was no FUD there was only good news every day maybe the market would not move because no one was selling I enjoy the ups and downs of bitcoin prices until now, if prices continue to go up every day I will be confused about how I can profit from trading