🚨 Just $3-4 billion in sales triggered a 25% drop in $BTC.
📉 Even though at the time of the fall, the market was still fairly positive and new liquidity was already coming in with the ETF launch, none of this saved the day. A measly $4B (which is very little relative to traditional markets) managed to roll the price.
⚠️ There is very little liquidity in crypto, and to cover the whole market, it has to increase 10-50 times (maybe).
💡 Key Points:
- Don't count on new market participants to buy old coins. Such people will always be interested only in "the hype coins".
