The dramatic BTC price increase was fraudulent. Prepare for crash: https://medium.com/@bitfinexed/are-fraudulent-tethers-being-used-for-margin-lending-on-bitfinex-5de9dd80f330
>>3107035
**MIGHT BE FRAUDULENT**
Doesn't mean those tethers weren't backed by USD. Could have been a good equity drop by a UHNW. Never know.
Also - a bunch of normies are FOMO buying. When shit corrects it'll probably stabalize in mid 3's... if it gets that low.
ALSO - 80,000,000 isn't much when daily trade volume is billions. Get perspective.