BlockTower Capital Founder: Market makers mainly influence intraday volatility; the main reason for BTC's pullback is early holders selling off.

BTC1,66%

Odaily Planet Daily reports that BlockTower Capital founder Ari Paul stated that market makers may indeed engage in short-term trading during weak market conditions, such as slightly pushing MSFT or BTC by about 2% to trigger stop-losses. However, such actions are usually intraday maneuvers, with prices often returning within seconds or minutes, having limited impact on the long-term trend of liquid assets like Bitcoin ETFs.

He pointed out that the main reason for this round of BTC decline was early holders selling tens of thousands of BTC, while market buy-in was insufficient. Ari Paul believes that large-scale manipulation over the long term is not entirely impossible but is less likely and carries higher risks. In most cases, deviations from expected market trends should not be simply attributed to “manipulation.” Investors should optimize their analytical frameworks. Additionally, compared to “downward manipulation,” “upward pushing” is more common across various asset classes.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Cathie Wood's Ark Invest Dumps Meta, Nvidia and Bitcoin ETF Shares in Major Tech Sell-Off

In brief Ark Invest parted with nearly $41 million in META and $26 million in NVDA shares on Thursday. Cathie Wood's firm also dumped around $11 million worth of shares in its Bitcoin ETF. The sales come amid a sustained market downturn as uncertainty in Iran shakes stocks and crypto. Ar

Decrypt46m ago

In the past 24 hours, total liquidations across the entire network reached $378 million, with long liquidations accounting for more than 60%.

In the past 24 hours, the total liquidation amount across the cryptocurrency market reached $378 million, involving $239 million in long positions and $139 million in short positions. The number of liquidated traders reached 92,269, with $150 million and $124 million liquidated for BTC and ETH respectively, and the largest single liquidation was $9.8018 million.

GateNews51m ago

Bitcoin Price Outlook 2035: Bitcoin Everlight Analysts Project Growth Despite Current Market Volatility

Bitcoin price modeling is increasingly extending beyond near-term cycles as institutional frameworks treat Bitcoin as a long-duration asset. Forecasts reaching into 2035 coincide with a market environment shaped by post-ATH consolidation following the October 2025 peak near $126,000 and heightened s

CryptoPotato56m ago
Comment
0/400
No comments