Hm maybe impact on the price
Were again at the start from yesterdays correction..
Were again at the start from yesterdays correction..
It looks like a artificial dump. Several 50btc selling walls... Roger Ver?
who knows?? but looks like not have enough to trigger a bigger dump thought
I think there is an accumulation pattern where the big buyer(s?) doesn't want to be very predictable, in the sense that if he buys all the time, traders will front-run him with longs, making his purchases more costly. So he leaves it a bit to correct or even dive, by those taking profits, so that the order books fill-up a bit, perhaps even hoping that shorts get build up by shorters believing that "this might be where the big correction is triggered". Once the price goes 100-200-300$ lower, he then presses the button again and buys everything.
Or something like that...