[The sudden drop in the cryptocurrency market] The sudden drop in the market is often caused by multiple factors!

Among them, the behavior of "whales" (large investors holding a large amount of cryptocurrency) cannot be ignored. Their every move may have a profound impact on the market and even cause a sharp drop in prices. The five major reasons for the sudden drop are revealed:

1️⃣ A large number of sell orders emerged, and the surge in supply pushed down prices;

2️⃣ Market sentiment fluctuated, and the movements of whales triggered a chain reaction;

3️⃣ Profit-taking phenomenon, the selling tide caused a sharp drop in prices;

4️⃣ Liquidity problems are prominent, and market imbalances exacerbate fluctuations;

5️⃣ Suspicion of market manipulation, whales deliberately lowered prices.

In-depth analysis of market news, economic indicators and trading data can give you a more comprehensive understanding of the role of whales and make wise decisions!

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