Many bought at lower prices, we can see selling as weak hands, but it can be just collecting profit, and waiting for the dip to buy again! Pretty much the old thing in the crypto!
Well manipulators are whales, people who have big capital, and when they move it from crypto to fiat, or vice-versa, we all feel it!
To be honest, I expected some correction at lower prices, but Bitcoin went a lot higher! Now it's a question is this drop is just temporary, or we are going down for real... probably we will have to wait few days to see what's happening!