The crypto industry denies that the price of BTC has been manipulated

There was a dispute over the 2017 rally bull that the price had been manipulated, with the same people now commenting that a single crypto whale is guilty of the last bitcoin rally. However, many industry participants have rejected this claim.

A study found that a single unidentified Btifinex account manages to raise the price each time it drops below a certain level. The study is also based on the fact that transactions are mainly performed using the most popular stablecoin, Tether (USDT).

According to analysts, this pattern is repeated every time when Tether is powered by a single account, with Bitfinex activity only.

 Trader Martin Nikolov

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