Date: December 7th, 2018 11:07 AM Author: vengeful whorehouse
Insane the speed at which these dumps happen. I believe these are scheduled liquidations from moron ICOs like ZIL, but they just schedule a fixed quantity every week/2 weeks, and at these prices it ends up dumping a much bigger percentage. Whales look up CDPs that are close to liquidation and try to push them down to it, buy cheap coins at liquidation auction and immediately sell them back to at the market rate for an easy arbitrage