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10baggerbamm : the problem and I can't find it I've spent time I just get these wild answers..
binance liquidated all of their Bitcoin and all of their ethereum and that's what caused etherium to crash straight down.
the question is why did they liquidate?
were they insolvent and you're never going to get a true answer because you're not a fly on the wall.
did they leverage up in another investment outside that crashed and the only way they could get their hands on money was by liquidating all of their Bitcoin and all of their ethereum and because aetherium has a much thinner base of acceptance than Bitcoin it crashed while Bitcoin stabilized.
I don't have an answer I really would love to know and clearly somebody knows why they liquidated and you could come up with a million answers somebody's life was threatened give me x amount of dollars or you'll never see them again right out of a movie.. or like I said they made a huge bet on currency or futures or commodity and they lost their freaking ass and they needed to cover those losses
you're talking billions of dollars that was liquidated between Bitcoin and ethereum straight down and they took out every bid which means it was an emergency liquidation it was not strategically done because you don't destroy value unless you've got a jump ship because your ship is sinking and you need to get the hell out now you don't hit every bid and cause the market to crash unless you don't have a choice
I just would like to know why they did it because if I knew why I would know if it's smart to buy in or not at this point with ethereum

淡定的惠特莫爾 OP 10baggerbamm : It's Friday! Don't get caught up in unhappy problems! Wishing the professor a happy Valentine's Day.

Lnova 10baggerbamm : what happened?

淡定的惠特莫爾 OP Lnova : There is not much impact!

Lnova : Oh my bad, I see now. About what Binance did. Wow that surprises me

Chiefvet45 : Alt season is cancelled, BTC dominance is way too strong and 60,000 ETH token are added each month from a limitless supply. until supply is restricted ETH is only going lower, token surplus at the moment with low demand volume. ETH dips do not get eatrn up like BTC dips. Good Luck

Jakecake24 : its not dead its literally is just following ethereum which is obviously not doing well. this is going to pop within 3 months wait on it