Another interesting thing this morning was to see when exactly the BCash reversal started. At 6:44 AM UTC it had $41 billions market cap:
And then, less than two hours later, at 8:19 UTC, it had $24 billions market cap:
I don't pretend I know why this is happening and how, because obviously I have no idea, but I know that somebody is on a ginormous bet here.
It's quite clear how the volume lowered, at which moment selling began. One and a half hour is, you know, just enough to have breakfast and a coffee. And when you get back after this, you see $17 billions vanished. So you start pumping again.
$17 billions is the GDP of Bosnia and Hertzegovina and it was made and lost in just 2 hours.
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