When prices are rising, everyone is harmonious, but after a two-day correction, conspiracy theories start to fly everywhere. Today, I even saw someone running to the square to spray IOTX, claiming that someone deposited coins to the exchange to manipulate the market. Come on, didn't everyone forget that it was difficult to withdraw coins from major exchanges two weeks ago?
All exchanges have asset pools managed by hot and cold wallets. When reserves are insufficient, they will ask market makers to add liquidity; these processes are perfectly normal. Therefore, transfers between hot and cold wallets or market makers reallocating assets between different exchanges will involve depositing coins to CEX. This is a very ordinary operation, so don't make it seem like breaking news.
From another perspective, when a bull market has just begun, would you sell off when altcoins have only just started to move? Really, don't scare yourself, and definitely don’t create panic everywhere.
Remember, if you still hold a coin, the best thing to do is to praise it well, while selling off at the same time. If you are spreading FUD everywhere, the only reason is that you want to pick up cheaper chips.
Everyone knows what's going on, so don't play dumb. #iotx