Why would big companies start selling their reserves in crypto and crash the market?
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Why would big companies start selling their reserves in crypto and crash the market?
Posted Using LeoFinance Beta
To pay off debts or move into other assets that don't seem as over heated. Some companies could really be pretty leveraged out through this whole pandemic situation. Maybe they sell the Bitcoin to pay off their PPP loans or other loans they had to take out. Who knows. When the chart is going straight up at some point it makes sense to take profits and move into another asset that hasn't made its run yet.
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