Yatsan
Legendary
Offline
Activity: 2520
Merit: 1234
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 11, 2020, 05:01:03 PM |
|
It depends. Depends on the price he sold them for, the amount he sold at a certain time frame and the like. If he sold it at below the market price, naturally, the market would follow suite and buyers would then buy his BTC up at that low of a price. It could be temporary though, since those buyers could resell them at a higher price, but this in turn changes the volume exchanged in the market though. Now, if he sold everything at a single time, at a certain price, then the market would probably adjust if the price is lower than the market one, but if its higher, nothing much would happen.
Still, it isn't any type of irregularity though. Some people sell their BTC at bulks sometimes, and this causes the market to sometimes crash, but a correction would surely occur and would make it return to the price before, or maybe a bit lower than the previous one.
|