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The article was about a big drop in an hour. A constructive comment would be people discussing large transactions that occurred causing the drop or the market m
by bko 5y ago
The article was about a big drop in an hour. A constructive comment would be people discussing large transactions that occurred causing the drop or the market mechanisms of leverage and short positions, and how levered bets have to be unwound when the price drops, exacerbating the initial drop.
What's the most recent leverage policy of most exchanges? Who offers the most leverage? Are those exchanges the ones that get hit first as positions liquidate? Did all exchanges drop approximately the same? Is there a whale that unloaded?
There are a million things interesting things that could be discussed and I wish someone with more in-depth knowledge could comment. But instead I see these low effort 'cryptocurrency bad' posts.