Bitcoin Forum

Just noticed lots of sales on my exchange. The volume of asks if much much higher than normal. Something going on?

Pump ended up into resistance and now it's dump time.

look at the 24hr volume compared with the 10btc, 17btc, and 6btc asks. Lots of selling right now. Keep in mind it's CAD, but the price is all relative.

https://www.vaultofsatoshi.com/orderbook

Last week graph ended in green so i don't know why you guys are panicking. We are still in +.

not panicking. just curious.

We will see at end of the week :)

Must be some whales dumping their stashes, nothing else could explain movement of these wild amounts.

i sense sarcasm. the exchange is small. 200 daily volume. it's very rare to see any bid/asks over a couple btc, which is why it caught me by surprise.

well somebody found it and tries to corner the thin market, isn't that a more obvious explanation?

I think the most obvious explanation is there's free trading until July 5 so people probably just making use of that.

start of the month, many bitcoin business will start to sell to get fiat.

Maybe people taking profits from the recent rise too.