Question n° 304 ·
What impact did the $1.3 billion Bitcoin whale sale on November 20 have on market volatility?
- The $1.3 billion whale sale flooded the market, triggered stop-loss liquidations and sharply increased volatility during the price drop Bonne réponse
- The sale was too late to affect the market and had no impact on price swings
- The whale sale stabilized the market by matching buy orders and reducing volatility
Pourquoi est-ce la bonne réponse?
This is correct because when a large holder dumps Bitcoin, it adds sudden selling pressure. Traders using leverage saw their positions hit stop losses as price slid, leading to cascading liquidations and higher volatility.