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Bitcoinist
2019-09-05 16:00:21

Whales Did NOT Cause Bitcoin’s Last Crash Below $10K, Research

The massive Bitcoin sell-off that sent prices below the $10,000 at the end of August wasn’t the result of manipulations, according to an ex post facto research by Coin Metrics. First Major Bitcoin Sells Spotted on Coinbase Large traders or institutional investors often manipulate the Bitcoin price, especially through fake volume or trading derivatives. The trading activity in the latter case is carried out on exchanges like BitMEX or the Chicago-based CME platform. These tradingRead MoreThe post Whales Did NOT Cause Bitcoin’s Last Crash Below $10K, Research appeared first on Bitcoinist.com.