it happens a lot when big whales dump their coins on exchanges.. it's not a time to panic but to buy more and hold
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it happens a lot when big whales dump their coins on exchanges.. it's not a time to panic but to buy more and hold
someone must want to buy coins from whales, so they could sell
whales could just dump the coins on some exchange
whales must create demand in the market
when the price goes up people want to spend their profits.. it's not like somebody invests their money and keep that money invested forever.. that's why price falls...
Demand has pushed the price up to 8 STEEM /USD last week. Whales are currently cashing out.