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Just the fear of future liquidation would eventually severely crash BTC.
by onlyrealcuzzo 1y ago
Just the fear of future liquidation would eventually severely crash BTC.
- handfuloflight 1y agoLike it's crashing now on this news?
- onlyrealcuzzo 1y agoThere's ~$188B in Satoshi era wallets. While ~$8B is huge news, due to the potential that all ~$188B might be in play, when most investors probably expected it was not prior to this - or at least the probability was low enough to barely factor, it's unlikely to crash BTC. Further, moving BTC is one thing. Showing signs of liquidation is another. That much should be able to get liquidated intelligently without moving the market.
- paulpauper 1y agoIt depends how it's sold. Market orders would have more impact than OTC .
- paulpauper 1y agoyeah, people think it's the selling that makes the price fall. it is the anticipation . markets are forward looking