No, this is not the case. Alts are down by only a couple of percent. Strat is down 30% already. The dump by the big inside holders is already underway as I correctly predicted just hours ago. Just look at the chart yourself. It's a classic pump all the way up and now the dump will continue. Even if you are long on this, my advice would be to sell and buy back later. The downward trend is only going to get worse now.
We will see at the end of this week
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Probably a ICO whale who cashed out for 10x / 15x, so a very nice profit. Has nothing to do with pumping and dumping. It is already back up @ 12k and the Stratis is better diversified, so actually this dump was very positive for the long term holders.
You should try to get your facts straight, and don't just say things that don't make sense.
Also only 1.5% of the whole 100% for sale, tells enoughs.
Most of the ICO investors have been in this game for a while. You would have too have been to invest in a project like this during the whole DAO debacle & The other under performing ICO's which ended around the same time.
Based on this, i think its fair to assume that Stratis has more crypto experienced whales aka strong hands.
Sure there might be a few weak hand experienced whalish investors but overall the quicker these weak hands fold, the faster this is going up as they are most likely a minority.
We all know the potential this tech has.
