Courtney Webster
@Patriot777_
18 August, 03:31
umm
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Yeh - this has been happening since Wednesday.
The crypto market went into freefall following a recent surge in prices.
It's a typical Pump & Dump market manipulation for institutional investors to offload their stock > pump up the price & then sell sell sell.
It's a sign of consolidation of assets into liquid form to meet regulatory solvency tests
Also Evergrande Group ( Chinese Property company - largest real estate developer in the world ) filed for bankruptcy in NY.
Concern over property values falling may have triggered the crypto sell-off
It's a big Boom.
The crypto market went into freefall following a recent surge in prices.
It's a typical Pump & Dump market manipulation for institutional investors to offload their stock > pump up the price & then sell sell sell.
It's a sign of consolidation of assets into liquid form to meet regulatory solvency tests
Also Evergrande Group ( Chinese Property company - largest real estate developer in the world ) filed for bankruptcy in NY.
Concern over property values falling may have triggered the crypto sell-off
It's a big Boom.
03:54 PM - Aug 18, 2023
In response Courtney Webster to her Publication
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