It’s likely that the drop we witnessed on October 10th was
CRYPTO MECHANIC
Updated at: 4 hours ago
{"content":"
It’s likely that the drop we witnessed on October 10th was leverage driven, and now spot holders are starting to give up on their bags.
Since more than half of the world was asleep during that move, most spot holders felt comfortable when prices recovered quickly thinking it was just another shakeout. But now, as the market continues to struggle, that early confidence is fading.","images":[],"tags":[],"tradingPairs":[],"quotearticleid":0}