Well, Justin Sun who bought Steemit.com has a long history of extremely dubious behaviour, but ultimately this could have been done by anyone with enough millions of dollars to gamble.
Unfortunately, the market manipulation in crypto is rife, but it is only the same manipulation that has been ongoing in traditional markets too, since the beginning. Research the Wyckoff Distribution for more info ;).
It seems like all the trading came from Binance, not that that really tells us much.
I'm a newbie in crypto world but that doesn't seem normal even to me
Well, Justin Sun who bought Steemit.com has a long history of extremely dubious behaviour, but ultimately this could have been done by anyone with enough millions of dollars to gamble.
Unfortunately, the market manipulation in crypto is rife, but it is only the same manipulation that has been ongoing in traditional markets too, since the beginning. Research the Wyckoff Distribution for more info ;).
Yeah, old same game
. Just a little more obvious in Crypto (due to limited supplies..)
Next step is to dismantle the Middlemen preying on crypto
The big thing about Crypto was to get rid of middlemen
Not have them all between with their big centralized exchanges
Thank you so much for informing man. I know Jstn but didn't know that Wyckoff Distribution thing.