If a large powerful entity were targeting any crypto they could drive it up or down with ease - and the larger banks could do this even on bitcoin which even as the largest crypto is still thinly traded at any given time. It may require a quiet period of accumulation of coins which may drive the price up and then the entity could act as an operator to short it into oblivion
If a large powerful entity were targeting any crypto they could drive it up or down with ease - and the larger banks could do this even on bitcoin which even as the largest crypto is still thinly traded at any given time. It may require a quiet period of accumulation of coins which may drive the price up and then the entity could act as an operator to short it into oblivion