What is happening to the prices of Bitcoin, Ethereum and Dogecoin lately? Coinstar

Crypto expert NoLimit explained why Bitcoin, Ethereum and Dogecoin prices recently they were throwing. Specifically, he made claims of manipulation, with these cryptocurrency prices posting gains and then giving back those gains in full.

In an X postNo Limit stated that the price of Bitcoin is falling because Binance is buying and that Coinbase is dumping a large amount of BTC. The drop in Bitcoin also caused a drop for Ethereum and Dogecoin Priceswhich are known to reflect the leading cryptocurrency. Meanwhile, a crypto expert has made claims that BTC is being manipulated.

Pundit explains what’s happening to Bitcoin, Ethereum and Dogecoin prices

NoLimit pointed to something strange happening in the order books, noting a huge jump in Binance’s CVD, which did not come from retail suddenly buying millions of dollars in BTC. On the other hand, he stated that Coinbase’s CVD dropped at exactly the same time, indicating that the crypto exchange dumped some BTC, causing the prices of Bitcoin, Ethereum, and Dogecoin to fall.

A crypto expert pointed out the sharp drop in the Bitcoin price as liquidity is withdrawn, creating a thin order book. He further noted that the supply for one place is aggressively increasing, while for the other it is being depleted. NoLimit explained that this is not normal spot flow and is likely coordinated positioning, hedging, arbitrage or pure manipulation.

NoLimited pointed out that the price of Bitcoin immediately reacted to this alleged manipulation, falling, then jumping to $94,000 and then falling again. It also dragged down the prices of Ethereum and Dogecoin. A crypto expert claimed that a group of people are playing the market and most people won’t notice until it’s too late.

He stated that when crypto exchanges I totally disagree with this kind of net flow, it’s usually a warning. NoLimit added that the next big move is coming before the public knows it. The crypto expert urged market participants to pay attention because things are about to get interesting.

Another expert raises claims of manipulation

Crypto expert Vivek also indicated that the prices of Bitcoin, Ethereum and Dogecoin can be manipulated right now. He noted that BTC jumped from $94,000 to $88,000 three times in the past few days, liquidating over $200 million worth of both longs and shorts. The expert added that this is a clear example market manipulation to delete both long and short leveraged contracts.