so they do the trading but BUSD price dumped to $0.9959 which is a lot for the big investors.
How do you know that the BUSD price dumped of $0.9959 is a lot for big investors when the price is just like $1 if we do the calculation.
All the Dump occur because of the SEC because they launch enforcement action against Paxos, the issuer of BUSD. Paxos says that it will vigorously defend itself, and the issue is going to court. But as per the CZ's recent tweet, "Ignore FUD, fake news, attacks, etc." it is clear that both BNB and BUSD will recover the price soon.
Some people believe the SEC case against Paxos is just to cause FUD in the market and I also believe CZ and the whole Binance team ought to be expecting this ever since their ecosystem keep expanding and also acquiring more project, especially those that are bankrupt.
I hope they will be more careful because some people who are not happy about the acquirement will be looking for the mistake they can use against them