Earlier today, the crypto market massively watched the fall simultaneously with the announcement of Goldman Sach that it postpones the launch of its trading tables.
According to CCN, the RoninAI data analytics team has evidence that indicates potential market manipulation or insider trading.
Observers pointed out that someone put 10 000 btc (74 million dollars) on a short position at a time when the market looked positive. Such behavior is not necessarily considered vile, but it means that someone had an unusually confident opinion that a decline would occur in the market.
RoninAI used artificial intelligence data analysis software to try to find market activity preceding or associated with a fall, and highlighted an unusual surge in “social attitude” that occurred just before a huge recession.
Social attitudes are a measure of discussion in public online forums, such as Facebook, about a particular fund or investment asset. While social attitudes are constantly rising and falling, he increased to three standard deviations above his average just a few minutes before falling, which, according to RoninAI, occurs only in 0,3% of cases and is usually an indicator of artificial activity.
Experts RoninAI declare that the fall of the market was actually the result of either insider trading or market manipulation.
Some have suggested that someone from Goldman Sachs bet 74 a million dollars short, knowing that the company's announcement will affect the market, or the financial giant purposefully reduces the cost of cryptocurrency in order to enter at a more favorable rate.
In any case, the one who put the short position, has a large return on investment.