Why would someone come in and sell at 220 when we are at 230 and they got orders for 229, 228. They sold 20 BTC worth explain that one.
ps They just did it again now 40 BTC worth at 220
could it be some insider shit going on at crypts
It could be someone sitting on tons of BTC buying at 220 and selling to himself at 220 but creating a crash effect to then buy back in at lower price.. Not sure
Monday a guy sold so many btc in one move that it crashed the price to 102...If he would have done in 3 moves the price would have go down to at lowest 300.
Sometimes the moves you see are not done by geniuses , but by normal people making mistakes.