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replied 68d
Cheap crypto once again
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Yes, propably. But it will hurt before it gets better. Thing is many investors are just here for the profits, and when the market is nervous, they go fiat cash.
replied 68d
Other possibility is that many investors were leveraged, and they were liquidated when it went down.
Even 2x leverage would mean wipe-out when it dropped 50%.
replied 67d
Propably a little bit of both :-)
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Or short it pushing it further down.