BINANCE:FILUSDTPERP   FIL / TetherUS PERPETUAL FUTURES
I'd be very interested if someone can explain what happened today to Filecoin (FIL).

Earlier today a friend told me that someone (who knows who) had bought — over a period of about 1.5hrs — $2.6bn units of FILDOWN/USDT on Binance.

This put the trading volume of FILDOWN/USDT higher than BTC .

We were talking about this, and then 2hrs later FIL sees a massive dump that halted its strong parabolic ascent right in its tracks.

Curiously enough, the dump reached up, on the FILDOWN/USDT chart, precisely to the place where this unknown person or group had bought $2.6bn units of FILDOWN/USDT.

What the hell?
AgitationZone | TA-focused cryptocurrency Discord channel https://discord.gg/atGcaRzz