Bitcoin liquidated 8% in an hour. Likely someone closed a very large position. But the conspiracy theorist in me thinks that they shorted at the high stopped th

Bitcoin liquidated 8% in an hour. Likely someone closed a very large position. But the conspiracy theorist in me thinks that they shorted at the high stopped their users from selling. Now many users would panic sell their long positions after being down 5-8%. And coinbase closes its short position.