A little more than half (50%) of #Bitcoin has not been moved in the past 52 weeks. Yet, the price keeps dumping hard. This tells me the drop in prices is mostly due to activities on the secondary markets which allow people to buy and sell Bitcoins that don't exist. #cryptocurrency #crypto #BTC
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Massive leverage used to buy IOUs on dodgy exchanges. That and entities like Celcius being close to insolvency and therefore forced to sell.