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Is it happening? Is Michael Burry right about the mother of all crashes coming? Are the whales dumping coins because they know it's happening?
Or is this just the summer slump because all the whales are cashing out so they can have fun this summer?

I'm in the red for the first time in 9 months and getting really worried. The market grew surprisingly fast over 6 months and then tanked in 6 weeks.

Is it happening? Is Michael Burry right about the mother of all crashes coming? Are the whales dumping coins because they know it's happening? Or is this just the summer slump because all the whales are cashing out so they can have fun this summer? I'm in the red for the first time in 9 months and getting really worried. The market grew surprisingly fast over 6 months and then tanked in 6 weeks.

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[–] • 0 pt

Hard to say. Whales sometimes like to dump and then rebuy and pump.

They do it in all markets. I think it’s why they’ve been doing “woke” shit with evergreen brands like Nike. They know there will be a shitshow after the announcement of some stupid SJW campaign, so they sell beforehand and buy back once it drops.