some researchers think this crash had more to do with plus token scammers unloading than the coronavirus scare and decline in world markets.

plus token wallets moved another ~13k BTC into mixers last week shortly before the crash: https://twitter.com/ErgoBTC/status/1236072541808029696

it's probably safe to assume this amplified the selling pressure.

according to Ergo, the rate of selling is decreasing significantly compared to last year. i'm not sure how many coins they still have. it would be nice to know how much reserves they have left to dump but i can't find a straight answer. this is like the mt gox bankruptcy distributions all over again.