One Whale to rule them all !

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The Bull run of 2017 crypto market not only shaken common people but it was such a big think that few people were researching about the drastic rise in the price of Bitcoin which is historic till date...

Now an article came up across on the net which claims that only one whale or person you can say was behind that whole thing.

it seems very interesting to read about that and how things can get manipulated in a matter of days the researchers claims that the tether provided the intital support for the pump all day long that time and they further said that...

“Purchases with Tether are timed following market downturns and result in sizable increases in Bitcoin prices. The flow is attributable to one entity, clusters below round prices, induces asymmetric autocorrelations in Bitcoin, and suggests insufficient Tether reserves before month-ends.”

source

Well it was quite interesting to hear that researches are still figuring it out about that histroic run so it makes me think again will that thing be happening again or not or are we living in an actual bubble what you say ?

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One Whale to rule them all ! | Ecency