Just in few days now we have been experiencing unthinkable massive market drop, it seems something happened which I did not hear off. Please anyone here to tell me what exactly happened to the market?
Thanks.
There are events in particular that most likely cause the dump. Bitmex exchange force liquidation on their exchange creating a huge drop, and also some whales are moving funds to exchange and directly dumping the price. There are also news on plustoken dump the btc on their possesion. And the most crucial one is the corona virus panicking. Which let some investors pulled out for buying supply for rumors of potential locked down on most country.