MASSIVE DUMP - Why Ethereum dropped 15% in 1 hour.

Ethereum got hit by a massive flash crash today, dropping almost 15% in an hour. We caught the dump during the live stream and analyze the reasons leading to the dump.  

COMMENT

11

JC P.
26 Nov

I had a gut feeling that the process leading up to Ethereum's POW to POS was going much too well.

Glad I'm watching safely from the sidelines.

You did a good job exploring possible reasons for the avalanche.

And even a better job at being honest about the apparent randomness of it all.

Markets are comprised of billions of humans with diverse goals and opposing motivations.

It's great to see that you never resort to blowing smoke up the ass of your viewers.

In lak'ech,

JaiChai

20

Captain Philips
26 Nov

This is exactly my fears, the bull run is not strong enough to handle heavy dumps that people have been holding since 2018. I hope this doesn't spoil the party long term.

14

Saviour Essien
26 Nov

Thanks for the great update I have to check my CoinGecko for this update. Thanks for sharing. 

5

Cyril L
26 Nov

yeah. this leveraged positions getting liquidated .. best thing to happen for us non-leveraged traders :D

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