If some big whale want to take out profit from bitcoin cash he can dump all their holdings in existing buy orders, when other bitcoin cash holder see this they will also start to sell their coins instead of buying.
Money will flow between coins and whales will always set the trend, all other traders will just follow that trend created by whales/manipulators.
Topic: bittrex instant price drops (Read 100 times)
I am new on Bittrex site. Can someone explain to me how the value of a coin that is rising fast over $1,000 in less than 1 hour (BCC) and has large amount of sellers and buyers all of the sudden the screen flashes and in the next second the price has dropped over $700 in 1 second and now all the sellers that were pushing up prices are all in a selling mood with prices dropping fast. How does that happen so fast. I have watched it happen several times. When it happens all of sudden the hot market seems to disappear instantly.
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