You are viewing a single comment's thread from:

RE: Redistribution is happening

in #steem6 years ago

I'm thinking the main rationale for a whale to sell around these prices is this:

BTC broke a key support level and is dragging everything down... They may be taking a gamble that there will be significant price bleeds and they can get back in at a great price...

I'm not saying I fully agree with it, but that's the buzz I hear on other social medias (about alts in general)

Sort:  

Thanks dawg! Before the recent crash, I sold 9000 steem for a stable coin and I'm hoping for the best.