I read that The bulk of the sell-off happened within 60 seconds beginning to end and assumed it was a attempt to shake out weak hands.
I own a few as a relatively liquid and easily transportable hedge against inflation and dont really pay it much mind as it is still up 50x from what I paid
guessing marge is calln.
Bitcoin has been "dead" according to armchair quarterbacks about six dozen times now. It's not.
I read that The bulk of the sell-off happened within 60 seconds beginning to end and assumed it was a attempt to shake out weak hands.
I own a few as a relatively liquid and easily transportable hedge against inflation and dont really pay it much mind as it is still up 50x from what I paid
I’ve seen evidence of essentially a gamma squeeze esp on ETH @$5K mar22 wall. Likely that large movements in price will cause a snowball due to this