is the uniswap airdrop the reason for the bloody market as we can all see?? millions of dollars wer airdrops to over 80k ethereum addresses and more are still being given out for free..
will the market pickup anytime soon?? is it safe to buy ethereum at this price.. ?? or I wait ??
We can take this as a reason for the market to be dumped. But it is not possible for anyone to verify whether this is the real reason for the market dump. Since thousands of people have received free tokens they will try to cash out that free money, market price whatever the low or high, when people get free money they try to sell at market price.
However, it is not right to take only one coin as the reason for market dumping, there may be many more reasons behind it.