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Whale Traders Caused Crypto Crash

A cryptocurrency crash that wiped $40 billion from investors’ holdings was caused by just seven traders, according to new research. The crash contributed to a market-wide downturn, which saw bitcoin (BTC), Ethereum (ETH) and other leading cryptocurrencies to fall to 18-month price lows. Crypto analytics firm Nansen released an in-depth report on the downfall of Terra’s LUNA and UST tokens earlier this month, debunking the narrative among some industry figures that the collapse was caused by a single entity. What is your advice on the new crypto investors ?

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