Big news. Definitely explains the drop.
No, it doesn't
Your right. It totally doesnt explain the lack of buyers AT ALL. Because all of these guys with the money to move the market had no idea this was coming.
Billionaires are getting a chance to buy a large portion of a mindblowing technology for a great price. You seriously think people will sell their fucking coins just so some rich fuck, that they don't even know, can get em even more cheaper??